Dhunseri Ventures Ltd. Approves $190 Crore Expansion Plan for BOPET Line in Panagarh

Dhunseri Ventures Ltd. has announced plans to expand its wholly owned subsidiary, Dhunseri Poly Films Private Limited, with a new BOPET line in Panagarh, West Bengal. The expansion, named Phase I, will require an investment of up to 190 Crores from the parent company in the form of equity. The funds will be infused over time as per the project's requirements, with a projected timeline of 2 years from the ground breaking. Phase II of the Panagarh expansion in BOPP is also forthcoming. The Board of Directors meeting, which began at 11:40 A.M. and concluded at 12:45 P.M., approved the plan.