Emami Paper Mills has received an in-principle approval from the Odisha Government for its proposed expansion plan for increasing capacity of Multi-Layer Coated Board Manufacturing at Balgopalpur in Odisha at an estimated cost of Rs 650 crore subject to necessary approvals from the Board of Directors and other concerned.
Buoyed by the performance of its first Packaging Unit at Balasore, touching almost 180,000 TPA mark, the company is now planning to put in place a similar plant of Multi-Layer Coated Board. This will result in doubling its present capacity and the significant market share.
Further, encouraged by good market response and growth in Packaging sector, the company is now conceptualizing another big ticket expansion in the form of similar plant at Balasore with somewhat similar capacity, details of which are being worked out.
