DACL Fine Chem is planning to set up a chemical production unit at the Kakinada Special Economic Zone (KSEZ) with an investment of about ₹500 crore, according to reports from both outlets. The initiative follows a memorandum of understanding (MoU) related to the project. The agreement is signed with KSEZ’s leadership, with KSEZ managing director and CEO Ram Reddy Ojili signing on behalf of the zone. DACL Fine Chem chairman Amit Mehta signs the MoU for the company. The reports identify the proposed facility location as within the Kakinada SEZ and frame the project primarily in terms of its planned scale of investment. Beyond the investment amount and the parties involved in signing the MoU, the available information in these sources does not provide additional details such as the specific chemical products to be manufactured, the timeline for construction and commissioning, or employment and capacity figures. The MoU indicates the company’s intention to proceed with the planned unit within the SEZ framework.