Business Update29 Apr 2024, 09:55 pm
Prima Plastics Increases Production Capacity by 7.5%
AI Summary
Prima Plastics Ltd. announces an increase in production capacity by 7.5%. The new manufacturing plant is located in Daman, and commercial production is expected to begin from April 29, 2024. The capacity addition is a result of a mix of term loan and internal accruals financing.
Key Highlights
- Prima Plastics announces a 7.5% increase in production capacity
- The new manufacturing plant is located in Daman
- Commercial production to commence from April 29, 2024
- The capacity addition is financed by a mix of term loan and internal accruals