Shilp Gravures Expands Capacity with ₹6.71 Cr Investment in Karnataka

Shilp Gravures Ltd announced board approval for a significant capacity expansion, involving the purchase of plant and machinery and setting up new manufacturing facilities in Karnataka. The total investment is approximately ₹6.71 crore plus applicable taxes and charges. This expansion is expected to add over 18,000 gravure cylinders per year to the company's production capacity. The manufacturing facility is slated to commence operations during FY 2026-27. The company stated this investment is crucial for its long-term growth prospects. The existing capacity stands at approximately 94,000 gravure cylinders per year in Gujarat, with a utilization of around 75,000 cylinders annually.