Dahej SEZ, a joint venture between Gujarat Industrial Development Corporation (GIDC) and ONGC, was incorporated on 24th Sept 2004. The envisaged equity structure of DSL is ONGC-23%, GIDC-26% and rest to be tied up with Strategic investors whereas percentage of equity of ONGC and GIDC on the current paid-up equity is 49.99% each. DSL is a multi product SEZ being set up over an area of 1732 hectares and ONGC promoted OPaL is one of the anchor tenants of DSL. ONGC’s C2-C3 plant has also been set up in SEZ which will be providing the feedstock for OPaL.Other major industries are DIC Fine Chemicals, Pidilite industries, Torrent Pharmaceuticals, Rallis India Ltd, Godrej & Boyce etc. Dahej SEZ is strategically located in the Western Coast with excellent connectivity to National Highways, State Highways, Broad Gauge Railways, State-of-the-art Ports in the vicinity and along the proposed Delhi-Mumbai Industrial Corridor (DMIC). SEZ has become operational since 2009-10 with export of products by SEZ Units which has increased from Rs 83.59 crore in FY 09-10 to Rs 836.79 crore in 2011-12.