Balmer Lawrie & Company is reportedly planning to invest Rs 150-200 crore primarily in the logistics and industrial packaging businesses over the next two years. In this regard, the company had appointed PwC as a consultant last year to suggest a roadmap for growth over the next four-to-five years.
The diversified PSU company is present across various businesses including industrial packaging, greases and lubricants, leather chemicals, logistics, travel and vacations and refinery and oilfield services.