Founded over a century ago, the Dhunseri Group has grown from its origins in the tea industry into a diversified business conglomerate with interests spanning packaging, infrastructure and international ventures. Known for its strong values, ethical practices and long-term vision, the Group operates with a deep commitment to sustainable growth and community development.
Dhunseri Ventures Limited (DVL) of Dhunseri group which is one of the oldest business house was founded by the Dhunseri family as Dhunseri Tea Co. Limited involved in the cultivation and production of tea at its tea estates in the state of Assam founded on May 11, 1916.
Later in 2003, Dhunseri Group started its first Polyethylene terephthalate (PET) Plant in Eastern India (Haldia in West Bengal) under the name and style of South Asian Petrochem Limited and later in 2009, the Bottle Grade PET Resin business of South Asian Petrochem Limited) at Haldia, West Bengal was acquired by the Company in terms of a Scheme of Arrangement with effect from April 1, 2009. Following this, the name of the Company was changed to Dhunseri Petrochem & Tea Limited on July 1, 2010, resulting in the Company having two operating divisions i.e. Petrochem & Tea.
Entry into Petrochemicals
Bottle Grade PET Resin business of South Asian Petrochem Limited (promoted by the group) in Haldia, West Bengal. Renamed Dhunseri Petrochem & Tea Limited.
Restructuring
Tea division demerged; IT SEZ division reorganized. Focused on petrochemicals. Renamed Dhunseri Petrochem Limited.
Strategic Joint Ventures
PET Resin business transferred to Dhunseri Petglobal Limited (now IVL Dhunseri Petrochem Industries Pvt. Ltd.), a 50:50 JV with Indorama Ventures Global Services, Thailand. Indian PET Resin capacities: Haldia (480,000 TPA, 2 plants), Panipat (216,000 TPA, 1 plant). Egyptian JV with Indorama Ventures Public Company Ltd. to restart PET resin facility in Ain Sokhna, Egypt – 540,000 TPA.
Rebranding
Renamed Dhunseri Ventures Limited to reflect diversified operations.
Polyester Films Expansion
Incorporated Dhunseri Poly Films Pvt. Ltd. on 28 November 2020 for BOPET/BOPP Film manufacturing.
Panagarh Plant Inauguration
Inauguration of our state-of-the-art manufacturing base in Panagarh, West Bengal, proudly establishing Eastern India’s first Biaxially Oriented Polyethylene Terephthalate (BOPET) film manufacturing facility with a capacity of 54000 TPA.
Commercial Production Commenced (BOPET Line-I, Panagarh)
Commencement of commercial production of BOPET Line I in Dhunseri Poly Films Private Limited's (DPFPL) Plant at Panagarh, West Bengal on 13 December, 2023.
BOPP Plant Foundation Stone Laid (Kathua, J&K)
Dhunseri Poly Films Private Limited's (DPFPL) BOPP Plants Foundation Stone was laid by His Excellency, Lieutenant Governor of J&K at Kathua, Jammu on 08 June, 2025.
Entry into Petrochemicals
Bottle Grade PET Resin business of South Asian Petrochem Limited (promoted by the group) in Haldia, West Bengal. Renamed Dhunseri Petrochem & Tea Limited.
Restructuring
Tea division demerged; IT SEZ division reorganized. Focused on petrochemicals. Renamed Dhunseri Petrochem Limited.
Strategic Joint Ventures
PET Resin business transferred to Dhunseri Petglobal Limited (now IVL Dhunseri Petrochem Industries Pvt. Ltd.), a 50:50 JV with Indorama Ventures Global Services, Thailand. Indian PET Resin capacities: Haldia (480,000 TPA, 2 plants), Panipat (216,000 TPA, 1 plant). Egyptian JV with Indorama Ventures Public Company Ltd. to restart PET resin facility in Ain Sokhna, Egypt – 540,000 TPA.
Rebranding
Renamed Dhunseri Ventures Limited to reflect diversified operations.
Polyester Films Expansion
Incorporated Dhunseri Poly Films Pvt. Ltd. on 28 November 2020 for BOPET/BOPP Film manufacturing.
Panagarh Plant Inauguration
Inauguration of our state-of-the-art manufacturing base in Panagarh, West Bengal, proudly establishing Eastern India’s first Biaxially Oriented Polyethylene Terephthalate (BOPET) film manufacturing facility with a capacity of 54000 TPA.
Commercial Production Commenced (BOPET Line-I, Panagarh)
Commencement of commercial production of BOPET Line I in Dhunseri Poly Films Private Limited's (DPFPL) Plant at Panagarh, West Bengal on 13 December, 2023.
BOPP Plant Foundation Stone Laid (Kathua, J&K)
Dhunseri Poly Films Private Limited's (DPFPL) BOPP Plants Foundation Stone was laid by His Excellency, Lieutenant Governor of J&K at Kathua, Jammu on 08 June, 2025.
Dhunseri Ventures Limited operates through a dynamic set of subsidiaries that reflect our focus on diversification, global reach and sectoral leadership. Each of these entities plays a strategic role in our vision for sustained value creation across industries.
We at Dhunseri Group have been able to achieve success in our endeavours using the three vital tools; foresight, proper strategies and preparedness to deal with the present and future of our business. I would like to express my gratitude to all of you for standing by us throughout this journey and wish this relationship grows stronger in future.
We always aim to move forward and overcome constraints enroute in the path of progress by adopting cross intelligent business prudent decisions mostly of the management team. It is achieved by the hard work put in by each and every employee across the organisational chain and this is a reality at Dhunseri.
One of the group Companies is engaged in Petrochemical Business located in India and Egypt having a Turnover over One Billion US Dollars. A wholly-owned subsidiary has become one of India’s fastest-growing players in the flexible packaging industry - with a state-of-the-art manufacturing facility, the company produces a range of BOPET (biaxially-oriented polyethylene terephthalate) and BOPP (biaxially-oriented polypropylene) films that cater to global clients in food packaging, consumer goods, industrial wrapping, and more. With ventures like these, DVL continues to expand its presence in manufacturing, infrastructure, packaging, and international retail, while upholding the Group’s long standing values of quality, trust, and community responsibility.
Dhunseri group has forayed into the international tea business through the acquisition of two tea estates at Malawi in East Africa.
Your Company endeavours to adhere to all the norms of environment friendly initiatives for the betterment of the society.
Our African tea business continues to maintain consistent growth. Macadamia Nuts is another important activity and steps are being pursued to enable the Company to attain the status of being one of the largest producers of Macadamia Nuts in the World.
As we prepare for the future, we have the key success factors and the huge confidence in us to withstand the winds of change. We wish to expand gradually and increase our market presence. We expect to see a significant growth benefiting all our stakeholders.
Dhunseri’s global expansion strategy is aligned with its vision to become a leading player in the global business arena.
At Dhunseri Ventures Limited, we are committed to maintain a high level of transparency, accountability and regulatory compliance in all our investor communications.
We believe that timely and clear disclosures foster confidence and long-term trust among our shareholders, analysts and financial stakeholders.