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Orient Paper & Industries gets nod for capex of Rs 475 crore for modernization of facility

16 Mar 2023 Evaluate

Orient Paper & Industries has received approval for capital expenditure aggregating to Rs 475 crore towards modernization/debottlenecking of the Company’s manufacturing facility at Amlai, Madhya Pradesh. The project will improve operating capacity of the Paper mill to 400 ton per day and is likely to be completed in 24 months. The Board of Directors of the Company at its meeting held on March 15, 2023, approved the same.

Orient Paper & Industries is mainly engaged in the business of manufacturing and selling of paper and other products.

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