| Synthetic Food Colour Manufacturing | Manufacture and trade of synthetic food-grade colours for global food, pharma, cosmetics industries. | High entry barriers due to technical know-how, regulatory approvals, long customer approval cycles, and strong global customer relationships. | B2B primarily multinational corporations in food, beverage, pharmaceuticals, cosmetics sectors. | Manufactured synthetic colours and blends have higher margins than traded products. | 382 | 100 | Sales of manufactured colourants on contractual B2B basis with long-term customers globally. | Direct sales; pricing based on product type, volumes, and contractual agreements. | Capacity increase with Dahej and planned Roha expansions; rising global demand for synthetic food colours. | FD&C Colours, Aluminium Lakes, D&C Colours, Blends |
