The R&D centre of Aether Industries Limited was inaugurated by Padma Vibhushan Professor Man Mohan Sharma and is said to support innovation for the company’s continually-growing internal product range in the large-scale manufacturing business model.
Accompanied by the world’s largest pilot plant with more than 100 reactors and plenty of other necessary downstream equipment, it houses seven synthetic labs with 55 German-made fume hoods. This setup lets the company conduct 110 reactions daily. Each of the fume hoods, conducive to the achievement of the highest levels of safety, features automation to control several experiment-related parameters. Specialised quality control and assurance lab is also available at the R&D centre.
A total of INR 330 million was invested to enlarge the centre by 3x. The pilot plant, also includes the DCS automation system, which enables the Company to test products at varying scales, starting from a few grams to several kilograms to several MTs, using various advanced technologies, such as continuous reactions and high pressure reactions.
Dr. Aman Desai, Promoter and Whole Time Director, Aether Industries Limited, said, “We are delighted to announce the opening of our newly expanded R&D centre, which is tripled from the existing R&D facility we had as on March 31, 2022. With the establishment of this centre, we will be able to further enhance our capabilities to develop products and chemistries for niche markets. We expect the labs at this centre to consistently operate at full-capacity, resulting in an increase in revenue and a boost for the bottom line since the CRAMS business segments have high EBITDA margins.”
The employee count has also grown from 164 employees in March 2022 to 193 in September 2022. The company expects to employ at least 225 individuals at the centre by the end of FY23, creating jobs in south Gujarat for talented individuals in the chemical and technology industries as well as a variety of other industries.
