Supreme Industries has planned a capital expenditure (capex) of Rs 350 crore in the current financial year (FY21) for capacity expansion of its plants. The company had invested Rs 240 crore in the last fiscal to enhance capacity of its various manufacturing facilities. The company is committed to invest in its Kharagpur plant in West Bengal to set up a moulding shop to make pipe fittings and in two other facilities. The total investment in three facilities will be around Rs 180 crore.
Besides, the company has planned greenfield facilities in Odisha and Telangana to manufacture pipes and a plant in Gujarat to produce cross-laminated film. The company has negotiated purchase of 30-acre land to put up a plastic piping complex in Odisha. It also expects to start commercial production of the cross-laminated films at the plant in the second half of 2021.
Supreme Industries, incorporated in 1942, manufactures a wide range of polymers products. The company manufactures products like Cross-Laminated Films, HMHD Films, Multilayer Films, SWR Piping Systems, PP Mats, moulded furniture, and many more.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.80 |
| Astral | 1612.85 |
| Finolex Inds | 174.70 |
| Nilkamal | 1320.05 |
| Jain Irrigation Sys | 33.05 |
| View more.. | |
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