MoneyWorks4Me

Jindal Poly Films gets nod for Rs 450 crore expansion plans

01 Oct 2020 Evaluate

Jindal Poly films’ board has approved the expansion plans for company's India operation by way of investment of around Rs 450 crore in Biaxially-Oriented Poly Propylene (BOPP) Film Line and BOPP Capacitor Line. The company will invest in the best technology and maximum output capacity equipment from globally renowned suppliers. The Board of Directors of the company in its meeting held on September 30, 2020 has considered and 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
View more..