Mold-Tek Packaging has received Letter of Award (LoA) from Grasim Industries- Birla Paints division, for supply of Packing Material (PAILS) and accordingly, a co-located facility will be set-up by the Company at Cheyyar near Chennai to cater to their demands.
The new facility is expected to be set up and operational by January 2024 and shall call for an investment of around Rs 30 crore. The Company also proposes to set up Food and FMCG IML container manufacturing facilities in Cheyyar, to capture demand for these products and also service clients for PAILS in Southern India.
Mold-Tek Packaging is the leader in rigid plastic packaging in India. The company is involved in the manufacturing of injection molded containers for lubes, paints, food and other products.
