Arete Group sells Industrial land to Hindalco Industries Limited at their marquee project PIP, Dahej

Arete Group sells Industrial land to Hindalco Industries Limited at their marquee project PIP, Dahej04th January 2024: Arete Group, a prominent industrial real estate player based in Gujarat, welcomed Hindalco Industries Limited (HIL) with the sale of more than 150 acres of prime industrial land at PIP (Payal Industrial Park) in Dahej, Gujarat.

Hindalco Industries Limited, a flagship company of the Aditya Birla Group, plans to establish a first-of-its-kind e-waste recycling unit in India. The project aims to transform the e-waste landscape by introducing advanced e-waste recycling technology and creating an economically viable circular system.

Siraj Saiyed, Director of Arete Group, expressed his enthusiasm by welcoming Hindalco Industries Limited at PIP and stated, “We are honored to welcome Hindalco Industries Limited at PIP, Dahej, for this groundbreaking venture. The renowned & industry giant such as Hindalco Industries Limited, trust with Arete Group, corroborates the Vision of PIP to develop as an ideal destination in India for industrial development. The Greenfield Project aligns with our commitment to fostering innovation and sustainable industrial development in the nation. PIP is designed to provide the ideal environment for such transformative initiatives, and we look forward to contributing to the success of Hindalco’s visionary project.”

Strategically located PIP, sprawling across 3,500 acres, offers plug-and-play industrial land and infrastructure tailored to the specific needs of corporates. In addition to providing the requisite industrial land, PIP aims to extend comprehensive support to Hindalco Industries Limited throughout the project’s lifecycle. This includes assistance with plug-n-play infrastructure, and other tailored services to ensure the project’s timely and successful completion.

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