Ddev Plastiks Industries Ltd. to Add 30,000 MTPA Capacity by Q3 FY 2025-26

Ddev Plastiks Industries Ltd. has announced plans to add 30,000 MTPA capacity to its existing 238,400 MTPA. The new capacity is expected to be added during the third quarter of the financial year 2025-26. The investment for this expansion is estimated to be INR 50 Crores, which will be financed through internal accruals. The new capacity will be used for HFFR and XLPE segments. HFFR is expected to replace PVC house wiring cables and is vital for making Solar Cables. The company is a global leader in XLPE compounds and with the growing demand for this product due to urbanization and infrastructure development, the company aims to remain competitive in the market and achieve INR 5000 Crores revenue by FY 2030.