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Balmer Lawrie to commission manufacturing plant at Navi Mumbai by 2014

26 Sep 2012 Evaluate

Balmer Lawrie is planning to commission its proposed container manufacturing plant at Navi Mumbai by the end of 2014. It is likely to invest approximately Rs 100 crore in this project. Through this initiative, company aims to increase its barrel production capacity by nearly 30 per cent from the current 44 lakh barrels a year. The company has started the construction at the site and aims to commission the plant over next 15 months.

Balmer Lawrie has emerged as multi-activity, multi-technology, multi-location conglomerate with global footprints - along with its joint ventures, encompassing diverse interests in manufacturing and services sector viz, Industrial Packaging, Grease & Lubricants, Leather Chemicals, Tea, Travel and Tours, Logistics Infrastructure and Services and Refinery and Oilfield Services.

Peers
Company Name CMP
Grasim Industries 3067.50
DCM Shriram 916.70
3M India 32111.10
Hindustan Foods 575.30
Balmer Lawrie & Co 161.25
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