Expansion24 Jan 2026, 12:52 pm
Commercial Syn Bags Ltd Approves Expansion Plans with a New Manufacturing Unit and Capacity Expansion
AI Summary
Commercial Syn Bags Ltd announced its expansion plans at the Board of Directors meeting on 24th January 2026. The company approved the setting up of a new manufacturing unit for Comsyn International Private Limited (formerly known as Erawat Vegcap Private Limited) at Plot No. 111, Smart Industrial Park Near Natrip Pithampur Dhar. Additionally, the manufacturing capacity of Techtex, a unit of Commercial Syn Bags Limited, will be expanded at two existing manufacturing units.
Key Highlights
- Approval of expansion plans by setting up a new manufacturing unit for Comsyn International Private Limited.
- Expansion of manufacturing capacity of Techtex at two existing units of Commercial Syn Bags Limited.
- Investment required for the expansion: Rs. 60.00 Crores for the new unit and Rs. 23.00 Crores for Techtex capacity expansion.
- The new manufacturing unit will have a proposed capacity addition of 9000 MT per annum, while Techtex will have an additional 3300 MTPA.
- The new unit is expected to be added by June 2027, and Techtex capacity expansion is to be completed by July 2026.