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About Our Company
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.
Pursuant to a further Scheme of Arrangement effective from April 1, 2014, the Company’s Tea Division was demerged and its IT SEZ Division was re-organised. The Company, thereafter, was carrying the Petrochem business through its Plants in Haldia and Egypt and accordingly, its name was changed to Dhunseri Petrochem Limited. The Company had entered into another Scheme of Arrangement with Dhunseri Petglobal Limited (“DPGL”) (now known as IVL Dhunseri Petrochem Industries Pvt. Ltd. or “IDPIL”) and their respective shareholders which has been sanctioned by the Hon’ble High Court of Calcutta vide its order dated July 27, 2016. Pursuant to the Scheme with effect from April 1, 2016, the PET Resin business of the Company in India was transferred to DPGL. IDPIL is a 50:50 joint venture between DVL and Indorama Ventures Global Services Limited (IVGS) of Thailand. IDPIL manufactures the finest bottle grade PET resin for packaging of drinking water, carbonated soft drinks, edible oil, pharmaceuticals and many more. IDPIL operates two PET resin plants in Haldia, West Bengal with a combined capacity of 480,000 TPA and one plant in Panipat, Haryana with an effective capacity of 216,000 TPA.
DVL has also entered into a 50:50 Joint Venture with Indorama Ventures Public Company Ltd. (“IVL”), a global chemical producer to restart its PET facility at IVL Dhunseri Polyester Company S.A.E. (formerly Egyptian Indian Polyester Company S.A.E.), located in the Ain Sokhna Free Trade Zone, North West of the Gulf of Suez in Egypt, with a manufacturing capacity of 540,000 TPA.
The name of the Company was changed from Dhunseri Petrochem Limited to Dhunseri Ventures Limited with effect from December 11, 2018.
At present, DVL is engaged in trading & treasury operations, including investments in shares and securities of other bodies corporate.
The Company has two wholly-owned subsidiaries:
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Dhunseri Infrastructure Limited is in the business of developing and providing infrastructure facilities in Special Economic Zone for information technology and information technology enabled services (“IT/ITES”) at Bantala in the State of West Bengal.
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Dhunseri Poly Films Private Limited, incorporated on November 28, 2020, has established Eastern India’s first BOPET film manufacturing plant - a Greenfield Project of 10.5 meter Bruckner Biaxially Oriented Polyethylene Terephthalate (BOPET) production line in Panagarh, West Bengal, which commenced production in December 2023. It is focused on producing high-quality BOPET films to serve various industries with a vision to achieve worldwide eminence through quality leadership and adherence to best global practices.
Key Milestones
2009
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.
2014
Restructuring
Tea division demerged; IT SEZ division reorganized. Focused on petrochemicals. Renamed Dhunseri Petrochem Limited.
2016
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.
2018
Rebranding
Renamed Dhunseri Ventures Limited to reflect diversified operations.
2020
Polyester Films Expansion
Incorporated Dhunseri Poly Films Pvt. Ltd. on 28 November 2020 for BOPET/BOPP Film manufacturing.
2021
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.
2023
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.
2025
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.
2009
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.
2014
Restructuring
Tea division demerged; IT SEZ division reorganized. Focused on petrochemicals. Renamed Dhunseri Petrochem Limited.
2016
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.
2018
Rebranding
Renamed Dhunseri Ventures Limited to reflect diversified operations.
2020
Polyester Films Expansion
Incorporated Dhunseri Poly Films Pvt. Ltd. on 28 November 2020 for BOPET/BOPP Film manufacturing.
2021
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.
2023
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.
2025
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.
Our Vision and Mission
Dhunseri’s global expansion strategy is aligned with its vision to become a leading player in the global business arena.
Our Vision and Mission
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Chairman's Message
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.