Expansion27 Feb 2026, 12:30 pm
G M Polyplast Ltd Proposes Capacity Expansion of 2,000 MT per annum by FY 2026-27
AI Summary
G M Polyplast Ltd, a manufacturer of HIPS, ABS, PET, PP, HDPE Sheets and Premium Quality Granules, has announced a proposed capacity expansion of 2,000 MT per annum. The expansion is expected to be completed by the financial year 2026-27. The company plans to finance the expansion through internal accruals and debts. The rationale behind this expansion includes growing market demand, export potential, and sustainability & recycling opportunities.
Key Highlights
- Proposed capacity addition of 2,000 MT per annum
- Expansion to be completed by FY 2026-27
- Financing through internal accruals and debts
- Growing market demand and export potential as key drivers
- Focus on sustainability and recycling