Time Technoplast Commissions ₹24 Cr Gujarat Plant, Production Starts Sep 2026

Time Technoplast Ltd has announced the successful completion and commencement of production at its new Greenfield manufacturing plant in Bhilad, Gujarat. The plant, dedicated to producing Conical Polymer Pails and injection moulded products, was completed within the scheduled time. It features a fully automated setup with robotics, representing an investment of approximately ₹24 crores. The plant has an estimated annual capacity of 6,000 tonnes and is projected to generate a turnover of around ₹100 crores at 90% capacity utilization. Production is slated to begin on September 25th, 2026, with the aim of maximizing operating efficiency and minimizing costs through modern technology.