DCM Nouvelle Ltd Management Discussions

Global Economic Review 2025

The global economy in 2025 is navigating a path of moderate and uneven growth, shaped by persistent inflation, tightening financial conditions, and geopolitical tensions. According to the International Monetary Fund (IMF) World Economic Outlook (April 2025), global real GDP is projected to grow at 3.2% in 2025, and slightly slow to 3.1% in 2026, maintaining a fragile but steady pace. While global inflation is showing signs of easing, it remains above target in several regions, prompting continued monetary tightening by major central banks.

Growth patterns vary across economies. Advanced economies are expected to grow at a subdued pace of 1.6% in 2025. The United States is forecast to grow at 2.2%, supported by services and consumer spending, while the Euro Area and Japan are projected to register slower growth amid soft external demand and structural headwinds.

In contrast, emerging and developing economies are expected to expand by 4.2%, with India and ASEAN countries remaining key contributors. These regions benefit from robust domestic demand, digital adoption, and infrastructure-led public investments. However, challenges persist in the form of capital flow volatility, exchange rate pressures, and climate vulnerability.

Global trade remains under pressure. The World Trade Organization (WTO) in its April 2025 forecast projects a 2.6% growth in global merchandise trade volume, recovering from a mere 0.8% expansion in 2024. Although this reflects some resilience, the WTO cautions that rising trade tensions, regulatory divergence, and geopolitical fragmentation could undermine long-term gains. A complete decoupling of major economies, the WTO estimates, could reduce global GDP by nearly 5% in the long run. The OECD, in its March 2025 Interim Outlook, highlights that global economic resilience is being tested by high borrowing costs, slow productivity growth, and reduced fiscal space in several countries. Financial markets remain sensitive, with volatility driven by uncertainty over central bank actions, commodity price shifts, and political developments. Additionally, commodity markets especially energy and metals are experiencing price fluctuations due to supply-side constraints and geopolitical shocks. Safe-haven assets like gold have surged in value, reflecting investor caution amid an unpredictable external environment.

Indian Economy Outlook 2025

India continues to solidify its position as a global economic powerhouse. As of 2025, India has retained its status as the world?s fifth-largest economy in nominal GDP terms, surpassing major advanced economies in terms of purchasing power parity (PPP) as well. The country?s growth momentum remains robust, with the International Monetary Fund (IMF) projecting real GDP growth at 6.8% in FY 2024-25 and 6.5% in FY 2025-26, driven by strong domestic consumption, public investment, and ongoing structural reforms.

India?s macroeconomic fundamentals remain stable, with headline inflation moderating within the Reserve Bank of India?s tolerance band, fiscal consolidation efforts continuing, and Forex reserves remaining at healthy levels. The RBI?s prudent monetary stance has supported stability in financial markets while maintaining space for growth. On the policy front, the Government?s continued thrust on infrastructure, clean energy, manufacturing, and logistics is enhancing long-term competitiveness. Programs such as PM Gati Shakti, National Logistics Policy, and Make in India are enabling seamless integration of value chains.

The textile and apparel sector, a major employer and contributor to exports, has also received targeted policy support through schemes like PM MITRA (Mega Integrated Textile Region and Apparel Parks) and PLI for Textiles, aimed at attracting investment, enhancing scale, and boosting India?s share in global markets. These reforms are expected to significantly modernize the sector and make it globally competitive.

India?s services sector, particularly IT, digital finance, and e-commerce, continues to expand rapidly, supported by the growing digital economy and formalization. Exports of services remain strong, contributing positively to the current account.

India?s demographic advantage, expanding urban base, rapid digital adoption, and policy reforms continue to attract strong domestic and foreign investment interest. With an eye on sustainability and inclusivity, India is poised to not just grow fast, but grow right.

With strong fundamentals, policy tailwinds, and growing global relevance, India?s economic outlook for 2025 remains optimistic. Despite global headwinds, India?s structural resilience, reform agenda, and demographic dividend provide a firm foundation for sustained long-term growth.

Global Textile Industry 2025

The global apparel market is projected to grow at a CAGR of approximately 8%, reaching an estimated value of US$2.37 trillion by 2030. Similarly, the global textile and apparel trade is expected to expand at a CAGR of 4%, surpassing US$1.2 trillion by 2030.

In parallel, the worldwide textile yarn market is forecasted to grow at a CAGR of 5.1%, rising from US$14.4 billion in 2023 to US$18.5 billion by 2028.

As the global textile industry navigates the complexities of 2025, it faces a landscape defined by shifting trade dynamics, rapid technological innovation, and evolving consumer demands. Notably, the ethical priorities of Gen Z are driving a surge in slow fashion and premium-quality products. At the same time, cutting-edge developments in AI, automation, and wellness-focused fabrics are accelerating innovation across the sector. Furthermore, evolving trade policies and the increasing role of microfinance are reshaping global supply chains and sourcing strategies.

Several factors are expected to drive change in the global textile sector in 2025: Shifting consumer preferences: Consumers are increasingly seeking personalized, sustainable, and ethically produced clothing. This trend will compel brands and manufacturers to adapt their offerings.

Technological disruption: Further advancements in automation, AI, and data analytics will continue to reshape textile manufacturing, leading to increased efficiency and customization.

Circular economy: The concept of a circular economy, where resources are reused and waste is minimized, is gaining traction in the textile industry. This will drive innovation in recycling, up-cycling, and sustainable material development.

Regionalization of supply chains: The pandemic and geopolitical tensions have exposed the vulnerabilities of global supply chains. Companies are increasingly seeking to diversify their sourcing and manufacturing operations, leading to a more regionalized approach.

Technological innovation is playing a pivotal role in transforming the industry. Automation, artificial intelligence, and digitalization are enhancing production efficiency, reducing costs, and enabling customization. Moreover, sustainability has become a central focus, with companies investing in eco-friendly materials, waste reduction, and circular economy models to meet consumer demand and regulatory requirements.

The global textile sector in 2024 has been a testament of resilience and adaptability. Despite facing economic headwinds and geopolitical challenges, the industry has continued to innovate and evolve. Looking ahead, the sector is poised for further transformation, driven by shifting consumer preferences, technological advancements, and a growing focus on sustainability. By embracing these changes and seizing the opportunities that lie ahead, the textile industry can ensure its continued growth and success in the years to come.

Indian Textile Industry 2025

Indian textile industry is one of the largest and most dynamic sectors in the world. With its rich cultural heritage and diverse production capabilities, India is poised to become a global textile leader by 2025. As we move into the future, several key trends and innovations are shaping the trajectory of the industry. India?s textile industry is poised for significant growth in 2025, supported by government initiatives, technological upgrades, and a focus on sustainability. The sector is expected to reach a market size of $350 billion by 2030, creating 30.5 million jobs. India is setting ambitious targets to revolutionize its textile industry, aiming for US$ 600 billion in exports and a domestic market worth US$ 1.8 trillion by 2047, up from US$ 44 billion and US$ 110 billion respectively in FY22. The Ministry of Textiles is charting its course for Vision 2047, built on five strategic pillars: research & innovation, infrastructure, trade & investment, marketing & brand promotion, skilling & quality, and sustainability. The textiles and apparel industry contributes 2.3% to the India?s GDP and 12% to exports. By the end of this decade, industry is expected to double its contribution towards GDP i.e., approx. 5% from current 2.3%. India?s textile and apparel market size is projected to grow at a 10% CAGR to reach US$ 350 billion by 2030, with exports expected to reach US$100 billion according to Indian Brand Equity Foundation (IBEF), a body established by the ministry of commerce and industry. The Manufacturing of Textiles index for March 2025 was 136.6. and for the financial year 2024-25 is 109.1 which has increased by 1.0% to as compared to the year 2023- 24 which shows increase in Manufacturing facilities in Indian textile industry and points towards upcoming growth. During April?24 - March?25, Indian Textiles Exports registered a positive growth of 3.61% over the previous year while Apparel Exports registered a growth of 10.03% during the same time period. Overall Textile & Apparel registered a growth of 6.32% during Financial Year 2024-25. If we discuss about Cotton yarn export, In FY 24 there was 34% of total textile exports from India. In Cotton Yarn Bangladesh, China and Egypt are the top 3 importers from India having share of 35%, 19% and 5% respectively.

USA being a major importer of Cotton fabrics and apparels plays a major role. According to the US import data and USA textile import data, textile imports to the US totaled $107.72 billion in 2024, up 2.66% from 2023 .With a market share of 24.20%, China was the biggest supplier of textiles to the US, followed by Vietnam at 15.15% and Cambodia by 14.4 percent.

On the external trade front, India?s textile and apparel (T&A) exports rose by 6.32 per cent to $36.606 billion during the recently concluded fiscal 2024 25 (FY25). Of the total, apparel exports increased by 10.03 per cent to $15.989 billion, while textile exports grew by 3.61 per cent to $20.617 billion. Within the textile sector, exports of cotton yarn, fabrics, made-ups, and handloom products registered a modest growth of 3.19 per cent to $12.056 billion in FY25. India?s apparel market is experiencing a surge in demand for sustainable and ethically produced clothing, driven by increasing consumer awareness and a shift towards conscious consumerism.

Segment-wise Performance Overview FY 2024 25

DCM Nouvelle Limited operates primarily in the textile segment, and the performance during the financial year ended March 31, 2025, reflects a mix of volume growth, efficiency improvements, and cost management measures. The company?s Spinning Unit, which is its core operating segment, demonstrated resilient performance amid a challenging external environment marked by global demand fluctuations and volatile raw material prices. The company achieved higher capacity utilization during the year and focused on optimizing its product mix toward value-added yarns, which helped improve realizations. Operational efficiencies and cost rationalization efforts also contributed to improved segment margins. Despite the inflationary pressure on input costs like cotton and energy, DCM Nouvelle maintained stable profitability through better procurement strategies and disciplined operational controls. The report also highlights ongoing efforts in modernization and sustainability initiatives within the production facilities, aimed at strengthening long-term segment performance.

Risk and Concerns

The textile industry operates in a highly dynamic environment and faces a multitude of risks that span environmental, economic, operational, regulatory, and social dimensions. One of the most pressing concerns is the environmental impact of textile production. The industry is a major consumer of water, particularly in dyeing and finishing processes, and generates significant volumes of chemically contaminated wastewater. Additionally, it contributes substantially to carbon emissions due to energy-intensive manufacturing practices. The use of synthetic fibers also leads to microplastic pollution, raising long-term ecological concerns. Waste generation from fast fashion is another growing problem, as vast amounts of discarded textiles end up in landfills, often without the possibility of biodegradation.

Economically, the sector is vulnerable to fluctuations in the prices of raw materials such as cotton and polyester, which are influenced by factors like climate variability, trade policies, and global oil prices. The intense global competition, particularly from low-cost manufacturing hubs, exerts continuous pressure on profit margins. Demand-side risks are also increasing, with changing consumer preferences such as the shift towards sustainable or slow fashion creating unpredictability in market trends. Furthermore, the textile sector is deeply exposed to foreign exchange risks, especially in export-driven economies, where currency fluctuations can significantly affect revenue.

From an operational standpoint, the textile industry remains heavily reliant on global supply chains, making it susceptible to disruptions caused by geopolitical instability, pandemics, or logistical bottlenecks. The industry?s dependence on low-cost labor in developing countries introduces ethical and operational vulnerabilities, especially if labor rights are compromised. Moreover, many textile enterprises are slow to adopt advanced technologies, automation, and digital systems, which hampers efficiency and competitiveness. Regulatory and compliance risks are becoming increasingly significant. Governments around the world are tightening environmental and labor regulations, compelling textile companies to invest in cleaner technologies and better workplace conditions. Non-compliance can result in fines, production halts, or reputational damage. International trade policies, tariffs, and export-import restrictions also affect the industry?s cost structures and market accessibility. Social and reputational risks continue to shape the landscape. Issues such as poor working conditions, unsafe factories, and exploitative labor practices can lead to brand boycotts and consumer backlash, particularly in an age of heightened awareness and activism. As consumers become more conscious of ethical sourcing and sustainability, companies that fail to adapt may face declining market share. Intellectual property infringement and design counterfeiting further erode brand value and trust. Technological risks, including cybersecurity threats, are growing with the increased digitization of textile operations and e-commerce platforms. Additionally, failure to innovate particularly in the development of sustainable textiles or in the adoption of eco-friendly practices can result in the loss of competitive advantage in a rapidly evolving market.

In conclusion, while the textile industry remains a cornerstone of global trade and employment, it must navigate a complex array of risks. Proactive strategies such as adopting sustainable manufacturing practices, diversifying supply chains, enhancing regulatory compliance, and investing in technology and innovation are essential to mitigate these risks and ensure long-term resilience.

Human Resource

At DCM Nouvelle Limited, significant strides have been made in Human Resources to align workforce capabilities with the company?s ongoing modernization and sustainability initiatives. One of the key focus areas has been the upskilling of employees across operational and technical functions, especially in spinning and process automation. The company has implemented structured training programs in partnership with industry bodies and technical institutes to enhance competencies in quality control, lean manufacturing, and digital systems. These efforts aim to create a more agile and technically proficient workforce, capable of operating advanced machinery and adapting to emerging textile technologies. By strengthening internal capabilities, DCM Nouvelle is also better positioned to meet the evolving expectations of global markets in terms of product quality and innovation. In addition to skill development, DCM Nouvelle Limited has made substantial improvements in employee welfare, workplace safety, and compliance frameworks. The HR team has been actively involved in reinforcing health and safety standards across manufacturing units, in line with best industry practices and customer audit requirements. Initiatives have been undertaken to promote employee well-being, including improved working conditions, gender diversity measures, and open communication channels for feedback and grievance redressal. Moreover, the adoption of digital HR tools has enabled more efficient workforce management, attendance tracking, and real-time data-driven decision-making. These developments reflect DCM Nouvelle?s commitment to fostering a responsible, compliant, and future-ready human resource framework that supports both employee satisfaction and operational excellence.

Key trends shaping growth of Indian textile industry Sustainability

Sustainability is becoming a major focus in India?s textile industry; manufacturers are increasingly investing in organic cotton, recycled fibers, and water-efficient dyeing technologies. The demand for certified sustainable fabrics, such as those with GOTS (Global Organic Textile Standard) or OEKO-TEX certification, is increasing as international buyers emphasize responsible sourcing.

Technology enhancement towards digitalization and automation

Bharat Tex 2025, India?s flagship textile event, saw participation from 250 technical textile firms and 370 foreign buyers, highlighting India?s advancements in man-made fiber textiles and the growing $22 billion technical textile sector. With 5,000 exhibitors from 120+ countries, the event showcased innovations across the textile value chain, including fiber, yarn, garments, and home textiles.

Overview on Spinning Industry

India?s cotton yarn industry is expected to witness a revenue growth of 7 9 per cent in the current fiscal, a marked improvement from the modest 2 4 per cent growth recorded in the previous year. This uptick will be driven primarily by higher volumes, aided by a modest rise in yarn prices and strong domestic demand.

Operating margins, which had already shown recovery last fiscal, are projected to improve by another 50 100 basis points in years to come. This will be supported by stable cotton yarn spreads and improved cotton availability through procurement by the Cotton Corporation of India (CCI).

An analysis of 70 cotton yarn spinning companies representing 35 40 per cent of the industry?s revenue supports this outlook.

On the raw material front, the CCI?s substantial procurement during the 2025 cotton season is expected to ensure steady cotton supply. This will help minimize inventory losses and support a 50 100 basis point improvement in spinners? profitability in the current fiscal, following a 100 150 basis point recovery last year.

"Driven by improved operating performance, credit profiles, which showed signs of recovery last fiscal, will remain stable this fiscal. Meanwhile, capex for cotton yarn spinners will remain moderate, with only select players undertaking capital expenditure, which will limit the need for significant debt additions. Additionally, steady cotton availability will lead to lower inventory holding, reducing the requirement for significant incremental working capital financing." Consequently, the interest coverage ratio of spinners is expected to rise to 4.5 5 times in the current fiscal, up from approximately 4 4.5 times in fiscal 2025. Gearing is likely to remain stable at around 0.55 0.6 times.

However, industry stakeholders remain cautious about potential risks, including tariff changes affecting India and its competitors, high inflation or an economic slowdown in the US, and volatility in domestic cotton prices relative to international levels.

New Machinery installed in Spinning Unit

In line with the Company?s focus on enhancing product quality and driving value addition, we have strengthened our manufacturing capabilities through the installation of advanced textile machinery. This includes two Two-for-One (TFO) twisters from Vandewiele Savio India, model "Cosmos 201.5 ARRA" with 200 spindles, and two TFO twisters from Veejay Lakshmi, model VJ-120MD3 with 204 and 180 spindles. In addition, we have installed Precision Propeller Assembly Winder Machines one with 72 spindles (Model PPW-A DS, 2 Ply) and another double-sided model "PPW-A" with 32 spindles (2 Ply 7").

These machines are known for their high-speed operation, energy efficiency, and precision in yarn processing. This technological up-gradation is expected to significantly enhance our product range, improve sales realization, and strengthen our competitive positioning in both domestic and export markets.

Internal Control System and their Adequacy

The internal control systems of DCM Nouvelle Limited have been meticulously designed to effectively manage the dynamic and intricate nature of the company?s business operations. These systems are tailored to the scale and volumes of the business, ensuring proper segregation of roles, responsibilities, and redundancies. The company?s executive stay updated with detailed documentation of policies and Standard Operating Procedures (SOPs), which are regularly reviewed and revised by the management. The statutory auditors of the company play a crucial role in critically evaluating the internal control environment in line with the Internal Control over Financial Reporting (ICFR) requirements. This evaluation is essential for forming an opinion on the financial performance of the company. Additionally, DCM Nouvelle has a robust internal audit framework endorsed by the Audit Committee. This framework ensures comprehensive coverage of processes and systems to protect assets, prevent and detect errors and fraud, and ensure the accuracy and completeness of accounting transactions, facilitating the timely preparation of reliable financial information.

Furthermore, the various committees of the board, particularly the Audit Committee, regularly assess the observations and recommendations provided by internal auditors. This ongoing review process aims to enhance the company?s systems and processes continually, ensuring operational efficiency and compliance with best practices in internal control and financial reporting.

Material Developments in Human Resources/ Industrial Relations

Employees have always played an extremely pivotal role in all strategic decisions taken by the Company over the last many years. In a world where everything else is equal, human effort makes all the difference. We place immense value on our workforce and consider it our biggest, most valuable asset. At DCM Nouvelle, we have a culture of empowerment that values and respects individual potential and helps each one achieves it to the fullest. Our people own their jobs and not just perform them. We continuously strive to improve quality of work-life balance for total job satisfaction and social harmony for the employees. The total number of people on roll of the company is 1821 as on 31st March, 2025. The industrial relation continued to remain cordial during the year.

Cautionary Note

Statements in the Management Discussion & Analysis report describing the Company?s objectives, estimates or projections may be forward looking statements within the meaning of applicable securities law and regulations. Actual results may materially differ from those expressed or implied. Important factors that can make a difference to the Company?s operations include change in the main client?s purchase procedures, changes in Government regulations, tax regimes, economic outlook in India and the USA and other incidental factors.

GLOBAL ECONOMY:

Global Chemical Market with Focus on Specialty Amines Introduction

The global chemical industry is a cornerstone of modern economies, underpinning the development of countless products and technologies. Among the myriads of chemical compounds, amines specifically aliphatic and aromatic amines play a pivotal role due to their versatile applications across various sectors. Amines play a crucial role in a wide range of industries due to their chemical reactivity, versatility, and use as intermediates.

Understanding Specialty Amines

Aliphatic and aromatic amines are organic compounds derived from ammonia by replacement of one or more hydrogen atoms with alkyl or aryl groups. These compounds exhibit unique chemical properties that make them indispensable in numerous industrial applications.

1. Aliphatic Amines: These include compounds like ethylamine, propylamine, and butylamine. They are primarily used in the manufacture of agrochemicals, pharmaceuticals, rubber processing chemicals, and water treatment chemicals.

2. Aromatic Amines: Examples include aniline, benzylamine, and toluidine. These are crucial in the production of dyes, pigments, pharmaceuticals, and polymers.

Market Dynamics and Growth Drivers

The market for aliphatic and aromatic amines is influenced by several important drivers tied to demand across industries, technological developments, and regulatory factors:

1. Rising Demand in Pharmaceuticals: Both aliphatic and aromatic amines are vital intermediates in drug synthesis. Rising global health concerns and pharmaceutical R&D investments are boosting amine demand.

2. Growth in Agrochemicals: The agricultural sector?s need for effective pesticides, herbicides, and fungicides fuels the demand for aliphatic amines. The need for increased agricultural yield due to population growth directly fuels demand. the agrochemical sector experienced a noticeable dip in demand post-COVID, but recently there?s been a strong rebound.

3. Industrial Applications: Aliphatic and aromatic amines are vital in various industrial processes, including rubber processing, water treatment, and the production of dyes and pigments. The steady growth of these industries directly impacts the amines market.

4. Innovation and Sustainability: Advances in green chemistry and sustainable production methods are leading to more efficient and environmentally friendly manufacturing processes. This not only enhances the market potential for aliphatic and aromatic amines but also aligns with global sustainability goals.

5. The change in U.S. trade policy under the Trump administration, particularly regarding tariffs on Chinese goods, has had a long-term ripple effect that?s continuing to shape global trade patterns, and Indian amines manufacturers are well-positioned to benefit.

Market Forecast and Regional Insights

The global market for aliphatic and aromatic amines is poised for robust growth. Key insights include:

1. Market Size and Growth Rate: The global amines market, as of recent estimates Approx. USD 20 25 billion and expected to grow at ~6 7% from 2024 to 2030. Aliphatic amines ~55 60% market share and Aromatic amines ~40 45% market share.

2. Regional Analysis: o Asia-Pacific: Dominating the market, this region benefits from rapid industrialization, increasing population, and rising disposable incomes. Countries like China and India are key players, with substantial demand in pharmaceuticals, agrochemicals, and other industrial applications. o North America and Europe: These regions also hold significant market shares, driven by advanced chemical industries, ongoing research and development, and strong demand in diverse applications.

3. Competitive Landscape: The market is characterized by intense competition, with several key players investing in expanding their production capacities and enhancing their product portfolios. Strategic mergers, acquisitions, and collaborations are common as companies strive to strengthen their market positions.

Future Prospects

The future of the aliphatic and aromatic amines market looks promising, with several trends shaping its trajectory:

1. Technological Advancements: Innovations in production technologies and the development of new applications will drive market growth. Enhanced production methods will improve efficiency and reduce costs.

2. Sustainability Initiatives: As the world moves towards sustainable practices, the demand for green chemistry solutions in amine production will rise. Companies investing in eco-friendly processes will likely gain a competitive edge.

3. Emerging Markets: Growth in emerging economies, particularly in Asia-Pacific and Latin America, will offer new opportunities. Expanding industrial bases and increasing investments in pharmaceuticals and agrochemicals will fuel demand for aliphatic and aromatic amines.

The global chemical industry is on a dynamic growth trajectory, with aliphatic and aromatic amines playing a critical role. Driven by rising demand in pharmaceuticals, agrochemicals, and industrial applications, the market for these specialty amines is set for significant expansion. As technological advancements and sustainability initiatives continue to evolve, the future of the aliphatic and aromatic amines market holds immense potential, promising robust growth and innovation in the years to come.

Indian Chemical Market with Focus on Specialty Amines Introduction

India, with its burgeoning economy and rapid industrial growth, stands as a significant player in the global chemical industry. Within this sector, the market for aliphatic and aromatic amines key subcategories of specialty amines shows immense potential. These compounds are crucial for various industries, including pharmaceuticals, agrochemicals, and industrial applications. This outlook provides an in-depth analysis of the Indian aliphatic and aromatic amines market, highlighting key growth drivers, challenges, and future prospects.

Market Overview

The Indian market for aliphatic and aromatic amines is poised for robust growth, driven by increasing demand from multiple sectors. These amines are integral to the synthesis of numerous products, making them indispensable in both industrial and consumer applications. There are

Key Growth Drivers

1. Pharmaceutical Sector: India is a global leader in pharmaceuticals, known as the "pharmacy of the world." Aliphatic and aromatic amines are essential in the production of active pharmaceutical ingredients (APIs) and intermediates. The growing demand for generic drugs and increased healthcare spending are significant drivers for amine consumption in this sector. India has surpassed China for Active Pharmaceutical Ingredients sourcing for regulated market.

2. Agrochemical Industry: The agricultural sector in India heavily relies on agrochemicals to ensure crop protection and enhance yields. Aliphatic amines are vital in the formulation of herbicides, insecticides, and fungicides. As the agricultural sector continues to modernize and expand, the demand for these chemicals is expected to rise.

3. Industrial Applications: Aliphatic and aromatic amines are used in various industrial processes, including rubber processing, water treatment, and the production of dyes and pigments. The ongoing industrialization and infrastructure development in India contribute to the steady demand for these amines.

4. Research and Development: Increased investment in research and development is leading to the discovery of new applications and more efficient production processes for aliphatic and aromatic amines. Innovations in green chemistry and sustainable manufacturing are expected to drive market growth.

Market Challenges

1. Regulatory Compliance: Stringent environmental and safety regulations can pose challenges for manufacturers. Compliance with these regulations requires a significant investment in technology and infrastructure. Chinese manufacturers are becoming competitive as they are building higher capacity and lower cost of Raw materials.

2. Raw Material Availability: Fluctuations in the availability and cost of raw materials can impact production costs and market dynamics. Ensuring a stable supply chain is crucial for sustained growth.

3. Competition: The Indian market faces competition from global players who have established production facilities and advanced technologies. Domestic manufacturers need to continuously innovate to maintain a competitive edge.

Future Prospects

The future of the Indian aliphatic and aromatic amines market looks promising, with several trends shaping its growth trajectory:

1. Expansion of Production Capacities: To meet the rising demand, both domestic and international players are investing in expanding their production capacities in India. This will enhance supply and support market growth.

2. Technological Advancements: The Adoption of advanced manufacturing technologies and automation will improve production efficiency and product quality. Innovations in sustainable production methods will also play a crucial role.

3. Emerging Applications: New applications for aliphatic and aromatic amines are emerging in sectors such as personal care, textiles, and electronics. Exploring these opportunities will drive market diversification and growth.

4. Government Support: Initiatives such as "Make in India" and incentives for the chemical industry will boost local manufacturing and attract foreign investment. Government support for research and development will further enhance market prospects.

The Indian aliphatic and aromatic amines market is on a dynamic growth path, supported by strong demand from pharmaceuticals, agrochemicals, and industrial applications. Despite challenges such as regulatory compliance and competition, the market offers significant opportunities for growth and innovation. With continued investment in technology, infrastructure, and research, India is well-positioned to become a major hub for the production and consumption of aliphatic and aromatic amines, contributing to the global chemical industry?s advancement.

COMPANY OVERVIEW:

DCM Nouvelle Specialty Chemicals Limited (herein after known as "DCMSCL) was incorporated as a subsidiary of DCM Nouvelle Limited on 2nd February 2022, for specialty chemical business.

DCMSCL is being managed and driven by the management team of the DCM Nouvelle Limited, spearheaded by Mr. Hemant Bharat Ram, Managing Director and promoter of the Company, who is driving the growth of DCMSCL. Our team comprises seasoned professionals with extensive expertise across various domains of the chemical industry, enabling us to drive innovation and deliver high-quality solutions. We have strategically hired talent from leading chemical companies, bringing in specialized knowledge and proven experience in their respective fields.

DCMSCL is one of India?s pioneering Specialty Amines businesses, charting new frontiers in the specialty chemicals sector. With a commitment to innovation and excellence, DCMSCL is redefining the future of chemicals. We deliver valuable and cutting-edge chemistry solutions while upholding the highest standards of safety, quality, and environmental stewardship.

A state-of-the-art manufacturing facility for the production of Specialty Amines" in Ujjain, Madhya Pradesh, India, with an area of about 86325.5 m2 is established with capacities of about 1500 MT per annum and launching of new products are under way.

It has more than 150 Nos of equipment in Plant-I, inclusive of High-end Hydrogenators, Agitated Nutsche filters, and Distillation columns. It is well equipped and par with the latest technology ETPs, filling technologies, and warehousing systems. We have started commercial production in March?24 and now catering to all major customers for our product range

Research and Development

A state-of-the-art Research and Development Centre, which is exceptionally well-equipped with capabilities for handling very high-pressure reactions and distillation setups. Our dedicated team of professionals, comprising experts in chemistry and chemical engineering from prestigious institutions such as the IITs, brings extensive experience in new product development and the successful commercialization of Specialty Amines.

A focus on innovative technologies for specialty amines, coupled with the establishment of production projects in India. A distinctive corporate culture at DCMNSCL that emphasizes collaboration, experimentation, and continuous learning, all aligned with a clear mission and vision for the future.

Our R&D team continuously developing a robust pipeline of innovative products to support future growth and market expansion

Our Products

Our product solutions are utilized in various processes in pharmaceuticals, agrochemicals, rubber chemicals, oils, and polymers industries worldwide.

Benzylamine

CAS NO.: 100-46-9

It is a clear, colorless to light yellow liquid with a weak, ammonia like odor. A chemical used to manufacture pharmaceuticals active ingredients and intermediates, crop protection agents and it is also used to manufacture of explosives.

Dibenzylamine (DBA)

CAS NO.: 103-49-1

It is a clear colorless to light yellow liquid with weak, ammonia like odor. Dibenzylamine finds applications predominantly in rubber processing industry to prepare accelerator for the vulcanization process and also in agrochemicals. It is also used as a chemical intermediate for dyes, pharmaceuticals and polymers.

Export Strategies and Opportunities

1. Regulatory Compliance: Understanding and complying with the regulatory frameworks in Europe and the US is crucial for successful exports. Indian manufacturers must ensure their products meet the stringent safety and environmental standards of these markets. At this stage, we have completed REACH registration for both launched products

2. Building Strategic Partnerships: Collaborating with local distributors, agents, and end-users in Europe and the US can facilitate market entry and expansion. Establishing strong relationships with key stakeholders will enhance market penetration and brand recognition.

3. Participation in Trade Shows and Exhibitions: Engaging in international trade shows and exhibitions focused on the chemical industry can provide valuable exposure and networking opportunities. Showcasing products and capabilities at these events will help attract potential buyers and partners.

4. Leveraging Government Support: The Indian government offers various incentives and support schemes for exporters, including subsidies, tax benefits, and export promotion councils. Manufacturers should leverage these resources to enhance their export capabilities and competitiveness.

5. Sustainable Practices: Emphasizing sustainable and environmentally friendly manufacturing practices can give Indian exporters a competitive edge. Europe and the US are increasingly prioritizing sustainability, and aligning with these values can enhance market acceptance.

Challenges and Mitigation Strategies

1. Logistics and Supply Chain Management: Efficient logistics and supply chain management are vital for timely and cost-effective exports. Investing in robust logistics infrastructure and partnerships with reliable shipping companies can mitigate potential challenges.

2. Market Competition: Indian manufacturers face competition from established global players. Continuous innovation, maintaining high quality, and offering competitive pricing will be essential to staying ahead in the market.

3. Currency Fluctuations: Volatility in currency exchange rates can impact export profitability. Utilizing financial instruments like hedging can help manage currency risks and ensure stable revenue streams.

Future Prospects

The export potential for Indian-manufactured aliphatic and aromatic amines is substantial, particularly in the European and US markets. Key trends shaping the future prospects include:

1. Rising Demand for Green Chemistry: The increasing focus on green chemistry and sustainable practices in Europe and the US will drive demand for eco-friendly amines. Indian manufacturers adopting sustainable production methods will be well-positioned to capitalize on this trend.

2. Technological Advancements: Continuous advancements in manufacturing technologies and product innovations will enhance the competitiveness of Indian amines in the global market. Investing in research and development will be crucial for staying ahead of market needs.

3. Economic Growth and Industrialization: Ongoing economic growth and industrialization in Europe and the US will sustain the demand for specialty amines. Indian exporters should remain agile and responsive to evolving market dynamics to seize emerging opportunities.

The outlook for exporting aliphatic and aromatic amines manufactured in India is highly promising, with significant opportunities in the European and US markets. By focusing on regulatory compliance, strategic partnerships, sustainability, and leveraging government support, Indian manufacturers can successfully expand their global footprint. With continuous innovation and a commitment to quality, India is poised to become a key exporter of specialty amines, driving growth and innovation in the global chemical industry.