Summary

Borosil Ltd. has approved the revised project scope for setting up a manufacturing unit with three double-wall lines for vacuum stainless-steel flasks, bottles and containers in the state of Rajasthan through the Company’s wholly Owned Subsidiary, Stylenest India Limited. The company has reported its Q2 FY2025 results with financials attached.

Key Highlights

1. 1

   Borosil Ltd. has approved the revised project scope for a manufacturing unit in Rajasthan

2. 2

   The new unit will have three double-wall lines for vacuum insulated stainless-steel flasks, bottles and containers

3. 3

   The estimated initial production capacity is 3.6 million units per annum

4. 4

   The estimated capex of the project is Rs. 65 crores

5. 5

   The company has been importing vacuum-insulated steel bottles primarily from China, but BIS certification regulations limit their sale

6. 6

   The new manufacturing unit aims to comply with BIS standards, improve cost efficiencies, enhance product availability, and align with the ‘Make in India’ initiative