BN Holdings has announced plans to enter the specialty and oleochemicals sector by setting up a manufacturing unit near Kandla port, Gujarat, with an investment of Rs 1,200 crore.

The project, to be executed via its subsidiary Epitome Industries India, will be India’s largest oleochemical plant, generating employment for 2,000 persons, both directly and indirectly. The company aims to nearly triple its consolidated turnover from Rs 9,000 crore to Rs 25,000 crore in two years. The facility will produce oleo and specialty chemicals used in personal care, pharmaceuticals, agrochemicals, food, and industrial applications, catering to both domestic and global markets.

Founder Anubhav Agarwal described the plant as a milestone in building “India’s largest oleo chemical hub” focused on scale, sustainability, and innovation. India’s oleochemicals market, valued at USD 2.77 billion by 2030, is expected to grow at a CAGR of 8.5 percent between 2024 and 2030, driven by demand for bio-based, sustainable alternatives.