Business Update13 Sept 2025, 04:24 pm
G M Polyplast to Expand Capacity by 9,800 MT Annually by FY 2025-26
AI Summary
G M Polyplast Ltd. has announced a proposed capacity expansion at its facility. The expansion will add 9,800 MT to the existing capacity of 18,000 MT per annum, bringing the total capacity to 19,800 MT per annum. The expansion is expected to be completed by the financial year 2025-26. The investment for this expansion is proposed to be 2.5 Crores, which will be financed 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 9,800 MT per annum
- Total capacity will be 19,800 MT per annum after expansion
- Expansion to be completed by FY 2025-26
- Investment of 2.5 Crores for the expansion
- Expansion driven by growing market demand, export potential, and sustainability & recycling opportunities