Deepak Nitrite ranks 74 in Fortune 500 Next list by Fortune Magazine

Recognized as top wealth creator in mid-size category

Deepak Nitrite Limited one of the fastest growing manufacturer of chemical intermediates and having a wide product portfolio was recognised by Fortune Magazine as Top Wealth Creator. The company ranked at 74 in 2019 Fortune 500 Next mid-sized company list by Fortune India Magazine.

Celebrating India’s largest midsize companies and value creator, Fortune 500 event was held at FICCI Bhavan, New Delhi. India’s midsize companies are essential growth drivers for Indian economy- be it job or wealth creation. Deepak Nitrite was conferred with Top Wealth Creator Award by Minster of State (MoS), Finance and Corporate Affairs Arurag Singh Thakur along with ABP Group promoter, Aveek Sarkar.

Deepak Nitrite Limited (DNL) was ranked 74 as part of the elite Fortune India Next 500 List for 2019 as part of the elite Fortune India Next 500 List. Furthermore, within this exclusive club of 500 companies, it was recognised as one of the top wealth creators over a sustained period of time.

While receiving the recognition Sanjay Upadhyay, Director Finance, DNL said: “On behalf of Deepak Group, we would like to congratulate the entire team at Fortune magazine for putting up such a prismatic event. I thank the magazine for conferring us with the prestigious award second time in a row. In this growth journey, we have taken along people and planet in considering as part of responsible chemistry and sustainable approach towards holistic value creation. To sustain a growing business in size and complexity, we are strategically transforming our organization and becoming future ready”.

Fortune Next 500 features mid-size Indian firms that are critical to the economy in terms of employment generation and economic growth. The annual Fortune India Next 500 summit celebrates the achievements of the country’s largest midsize companies.