Yasho Industries Unveils ₹23 Crore State-of-the-Art R&D Centre in Gujarat to Drive Innovation and Sustainability!
By Ashutosh Arora
Yasho Industries Limited (YIL), a leading Indian manufacturer and exporter of specialty and fine chemicals, has inaugurated its cutting-edge Research & Development (R&D) Centre in Pakhajan, Gujarat. This advanced facility, established with an investment of ₹23 crore, forms a crucial part of the company’s broader FY26 capital expenditure plan of ₹100 crore. It reflects Yasho Industries’ commitment to accelerating innovation, enhancing product development, and strengthening its position as a global leader in specialty chemical manufacturing.
The new R&D Centre is designed to become the innovation hub for Yasho Industries, focusing on research and process optimization for both domestic and international markets. Equipped with modern analytical instruments and state-of-the-art testing equipment, the centre will employ a team of 40 experienced chemists and researchers. Their efforts will be directed toward developing high-performance, sustainable solutions across key business segments, including performance chemicals, lubricants, rubber, and specialty polymers.
According to the company, this investment marks a major step toward advancing science-based innovation and integrating sustainability into the core of its operations. The facility is expected to enhance Yasho’s capabilities in creating customized and eco-friendly chemical solutions, while maintaining strict adherence to global quality and safety standards.
During the inauguration ceremony, Parag Jhaveri, Managing Director and CEO of Yasho Industries Limited, emphasized the strategic importance of the new facility. He said, “The launch of our new R&D Centre marks a significant milestone in our journey toward innovation-driven growth. This investment underlines our commitment to technology, sustainability, and value creation. The facility will accelerate product development for our international customers and strengthen our position as a trusted partner in the specialty chemicals sector.” He further added, “With this expansion, Yasho Industries reinforces its dedication to science-based innovation, operational excellence, and sustainable chemical manufacturing practices, ensuring we remain at the forefront of the industry.”
Yasho Industries, headquartered in Mumbai, has been a key player in the global specialty chemical market for over three decades. The company operates four manufacturing facilities in Vapi and Pakhajan, producing a diverse portfolio of products catering to industries such as automotive, industrial lubricants, rubber, and performance materials. With exports contributing to more than 65% of its revenue, Yasho Industries has established a strong international footprint across over 50 countries.
Certified under ISO 9001:2015 and FSSC 22000, the company maintains a robust focus on quality, safety, and environmental responsibility. The new R&D Centre further strengthens Yasho’s vision of combining innovation with sustainability, enabling the company to respond swiftly to dynamic market needs and emerging global trends.
Through this strategic investment, Yasho Industries continues to reinforce its leadership in the specialty chemicals domain, driving forward with a vision centered on research, sustainability, and customer excellence.
