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DEEPAK Nitrite, manufacturer of nitro-aromatic
products, has decided to shift focus from the
production of traditional low-margin bulk intermediates
to the production of fine chemicals with higher
margins for the export market. The aim is to achieve
a nearly 50% jump in exports during the current
financial year. Deepak Mehta, MD, Deepak Nitrite
told ET the benefits of increased focus on export
would be visible only after some time. "We
hope to achieve some long-term benefits from the
increased export of specialised products".
In this connection, Mr Mehta said the company's
R&D facility is moving from product-based
research to process-based research.
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