
Business Update5 Jan 2024, 03:41 pm
Mold-Tek Packaging Limited to Inaugurate New Unit in Tamil Nadu
AI Summary
Mold-Tek Packaging Limited, a leading player in the packaging industry, is set to inaugurate its new unit situated at Cheyyar, Tamil Nadu on January 6, 2024. The company has made significant investments in the new unit, which will cater to the packaging requirements of M/s. Grasim Industries and other clients. The company has also reported a capacity utilization of 70% and plans to add 1,500 MTA of capacity over the next six months.,
Key Highlights
- Inauguration of new unit in Tamil Nadu
- Capacity addition of 1,500 MTA
- Investment of 20 Crores
- Catering to packaging requirements of Grasim Industries and other clients