Expansion31 Jul 2025, 05:31 pm
Nahar Polyfilms Ltd Approves Expansion Proposal with Capacity of 36000 MT per annum
AI Summary
Nahar Polyfilms Ltd has approved the expansion of its existing capacity by adding a line of BOPP film with a capacity of 36000 MT per annum. The investment required is approximately Rs. 450 Crores, which will be financed through term loans from banks and internal accruals of the company. The expansion is aimed at meeting the increased demand for BOPP films due to the rise of e-commerce in food and beverages, consumer awareness, and improved economic environment.
Key Highlights
- Existing Capacity: 60000 MT per annum
- Existing Capacity Utilization: Full Utilization
- Investment Required: Rs. 450 Crores (Approx.)
- Mode of Financing: Term Loan from Banks and Internal Accruals of the Company
- Rationale: Increased demand for BOPP films due to the rise of e-commerce in food and beverages, consumer awareness, and improved economic environment