Jindal Poly Films has received an approval for expansion plans for its India operation and for its subsidiaries in USA and Europe and total expected investment is approximately Rs 1,000 crore. The board of directors at their meeting held on November 07, 2015 has approved for the same.
The capacity expansion comprises of 3 BOPP production lines, Metalisers, Coating Lines along with the required ancillary equipment. The combined capacity of BOPP films will increase by 161,000 TPA totaling to 606,000 TPA globally.
Jindal Poly Films is a part of the diversified B C Jindal group. The group has interests in Flexible packaging, Photographic products, Thermal power generation and Steel products. It has the world’s single largest site for production of BOPP and BOPET films at Nasik, India.
