Stallion India Fluorochemicals Limited (SIFL), a primary incorporated refrigerants and industrial gases provider, has been assigned a 28,650 square meter industrial plot via the Rajasthan State Industrial Development & Investment Corporation (RIICO). Positioned in the RIICO Industrial Area of Ukhaliya, Rajasthan, this latest procured land adjoins the corporation’s existing facility and was granted beneath the Direct Allotment Policy-2025.
Aligned with its long-term expansion approach, the corporation has secured land to guide the earlier declared greenfield R-32 production facility in Rajasthan. This follows the current Environmental Clearance (EC) from State Environment effect Assessment Authority (SEIAA) for a 10,000 MTPA R-32 plant, which incorporates by-product HCl (30%) generation and 7,500 MTPA of blended refrigerants.
Shazad Rustomji, Managing Director & CEO, Stallion India Fluorochemicals Limited, commented: “After accepting the Environmental Clearance for our R-32 plant, we have taken another essential step in advancing Stallion India Fluorochemicals Limited’s expansion roadmap with the allotment of an more industrial plot from RIICO. The Environmental Clearance, permitted on 28 December 2025, gives us with the regulatory approval to formed a tactically positioned R-32 production facility at the RIICO Industrial Area, Bhilwara.
Construction activities at the Bhilwara R-32 plant have started out in an advanced mode. We anticipate the venture to be finished within 7-months, with commercial initiating focused by using August, 2026. The additional land allotment will assist future scalability and infrastructure necessities, further reinforcing our focus on backward incorporation and improving supply-chain resilience. This expansion shows our ongoing commitment to responsible increase, environmental stewardship, and strict regulatory compliance. It also matches with national priorities under Make in India and Viksit Bharat, goaled at reinforcing domestic production capabilities in vital chemical intermediates and refrigerants.
Once operational, the R-32 facility is anticipated to generate annual revenues of about ₹500 crore, with PAT margins within the range of 22-24%. Assisted by this enlargement, a reinforcing asset base, and a diversified product portfolio, we consider we’re properly placed to obtain a 3-year revenue CAGR guidance of 30-35%, forming sustainable long-term value for all stakeholders.”
