Pioneer of speciality and chemical intermediates
Deepak Mehta is the Chairman and Managing Director of Deepak Nitrite and its wholly owned subsidiary, Deepak Phenolics a company with reported market capitalization of over INR 20,000 crores.
While exploring acquisitions in Europe, he discovered that European companies were looking to acquire in India in their quest to chase growth. This made a deep impact on him to give a serious thought to India’s potential and the opportunities present here. That is when he decided to venture into setting up a large petrochemical plant.
Mr. Mehta wants to strengthen the organization’s position as the pioneer manufacturer of fine and speciality chemicals in India, following its Make in India philosophy. The company’s ethos focus on responsible manufacturing, quality, ethics and exemplary customer service. Its objective is to emerge as one of the world’s top suppliers of chemical intermediates across sectors.
Mr. Mehta has been an industry force for almost 30 years and is a well-known member of the Indian chemicals industry, and an ardent voice at industry chambers FICCI and ICC. He is also a key contributor to policy recommendations on government’s efforts of creating special infrastructure for the chemicals industry such as chemical parks.