Investment10 Nov 2025, 08:42 pm
Kanpur Plastipack Ltd. Announces Rs. 105.26 Crore Investment in Capacity Enhancement and Diversification
AI Summary
Kanpur Plastipack Ltd. has approved a total capital expenditure of Rs. 105.26 crore towards capacity enhancement, process efficiency, and infrastructure modernization. This includes a proposed investment of Rs. 47.22 crore for a new building for the FIBC Division, a new building for Trading Division warehousing, and a Modern Racking and Retrieval System. Additionally, the company plans to invest Rs. 58.04 crore in a Greenfield manufacturing facility for Non-Woven Fabrics using needle-punching technology, marking its entry into a new and fast-growing segment.
Key Highlights
- Investment of Rs. 47.22 crore in new buildings and Modern Racking and Retrieval System
- Proposed investment of Rs. 58.04 crore in a Greenfield manufacturing facility for Non-Woven Fabrics
- Capacity enhancement of 6000 MT per annum in the next 5 years
- Diversification into a new and fast-growing segment of Non-Woven Fabrics
- Improvement in operational efficiency and product mix