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Jindal Poly Films gets nod for expansion plans of Rs 350 crore

13 Aug 2018 Evaluate

Jindal Poly Films has received an approval for expansion plans of the company's India operation by way of investment of Rs 350 crore in Biaxially-Oriented Poly Propylene (BOPP)-Line No.8 and Cast Poly Propylene (C PP) Line No. 2. The Board of Directors of the company at their meeting on August 10, approved the same.

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. JPFL has the world’s single largest site for production of BOPP and BOPET films at Nasik, India.

Peers
Company Name CMP
Vardhman Textiles 535.60
Welspun Living 229.45
Arvind 529.00
Raymond Lifestyle 574.15
K.P.R. Mill 1123.35
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