Mold-Tek Packaging has inaugurated 9th manufacturing plant at Pudi (Vizag) on February 24, 2019 mainly to cater to the plastic packaging containers requirement of Asian Paints and clients in the East.
Earlier, the company had inaugurated its 8th manufacturing plant at Mysore on February 07, 2019 to supply plastic packaging containers mainly to Asian Paints, Mysore plant requirements and Mondelez.
Each plant initial production capacity is 3000 Mts per annum and it may reach to 7000 Mts per annum by 2022-23. At present peak capacity, these plants can add Rs 120 crore to the top line.
Mold-Tek Packaging engaged in the manufacture and sale of plastic packaging products in India.