Expansion28 Apr 2026, 11:30 am
Ddev Plastiks starts new XLPE unit, 48000 MTPA capacity, ₹500 Cr revenue
AI Summary
Ddev Plastiks Industries Ltd has commenced commercial operations of its new manufacturing unit in Bhiwandi, Rajasthan, on April 28, 2026. This unit, dedicated to producing XLPE and allied products, has an installed capacity of 48,000 MTPA and involved an investment of approximately ₹80 Crores. The expansion is expected to boost production capacity, broaden geographic reach, meet increasing customer demand, and contribute an additional revenue of about ₹500 Crores, subject to market conditions and optimal utilization. All required regulatory approvals have been secured.
Key Highlights
- New XLPE manufacturing unit in Bhiwandi, Rajasthan, commenced operations.
- Unit has an installed capacity of 48,000 MTPA with ₹80 Cr investment.
- Expected to add approximately ₹500 Cr in annual revenue.
- Aims to enhance production, expand market, and support long-term growth.