Expansion6 May 2026, 01:59 pm
Garware Hi-Tech Films: ₹191 Cr Capacity Addition Approved
AI Summary
Garware Hi-Tech Films Ltd's board approved a new lamination line (SCF) with a capacity of 1200 LSF/P.A. at Waluj, Chhatrapati Sambhaji Nagar, Maharashtra. The project involves an investment of ₹191 Crores plus applicable taxes, financed through internal accruals. This expansion aims to cater to future growth, adding to the existing capacity of 4200 LSF/P.A., which is currently at optimum utilization. The proposed capacity addition is expected to be completed within 14 months.
Key Highlights
- Garware Hi-Tech Films approves capacity expansion of 1200 LSF/P.A.
- Project cost is ₹191 Crores plus applicable taxes, funded via internal accruals.
- New lamination line to be set up at Waluj, Maharashtra.
- The expansion is expected to be completed within 14 months.
- Aims to cater to future growth, expanding beyond existing 4200 LSF/P.A. capacity.