Archive · 12 Jan 2026
AM International Plans ₹2,000 Crore India Expansion
AM International, a company based in Singapore, is planning to invest ₹2,000 crore in India over the next two years.
This money will be used to expand their fertilizer and petrochem businesses in places like Thoothukudi, Manali, and Chennai.
They are increasing the production of soda ash, propylene glycol, and other chemicals.
The company's leader, Ashwin Muthiah, wants to make the company more professional and sustainable, like the Tata group.
He also mentioned that his two daughters are interested in joining the business and are already involved in management and board discussions.
There are no plans to sell any part of the company.
AM International plans to invest ₹2,000 crore in India over 24 months, focusing on fertilizer and petrochem businesses.
Key expansion projects include increasing soda ash capacity from 75,000 to 200,000 tonnes by November 2026 in Thoothukudi.
Petrochemicals capacity, including propylene glycol and linear alkyl benzene, will be enhanced to support various sectors.
The company aims to institutionalise its operations, creating a professionalised setup for long-term sustainability.
Ashwin Muthiah's daughters are involved in management and board discussions, with plans for them to continue the family legacy.
- Who
- AM International Holdings Pte. Ltd, led by Founder & Chairman Ashwin Muthiah
- What
- Planned ₹2,000 crore investment in India operations over 24 months
- When
- Expansion to be completed by November 2026
- Where
- Thoothukudi, Manali, Chennai, and Western India
- Why
- To strengthen fertilizer and petrochem businesses, and institutionalise the company
- Company
- AM International Holdings Pte. Ltd
- Investment Amount
- ₹2,000 crore
- Investment Period
- 24 months
- Key Businesses
- Fertilizer and petrochem
- Expansion Locations
- Thoothukudi, Manali, Chennai, Western India
- Soda Ash Expansion
- 75,000 to 200,000 tonnes by November 2026
- Petrochemicals Expansion
- Propylene glycol and linear alkyl benzene capacity increase
- Institutionalisation Goal
- Professionalised setup for long-term sustainability