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DCM Shriram announces entry into business of Advanced Material, will invest Rs 1000 cr in Epoxy manufacturing plant

DCM Shriram Ltd, on Tuesday, announced that the company’s board of directors accorded an in-principle approval for the entry of its Chemicals business into the domain of “Advanced Materials” by investing into Epoxy and value added products. The company is planning to invest Rs 1000 crore over the next few years to set up a greenfield state-of-the-art epoxy manufacturing plant, it said in a regulatory filing. It may be noted that the company’s

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