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Arrow Greentech acquires industrial plot from GIDC

15 Sep 2023 Evaluate

Arrow Greentech has acquired Industrial Plot from Gujarat Industrial Development Corporation (GIDC) at Dahej-II Industrial Estate admeasuring about 11993.60 sq. mtrs. on the terms and conditions mentioned in the lease agreement. The industrial plot is acquired for the expansion of manufacturing activities in Greentech Segment of the company. 

The company expects completion of the first phase of expansion within around 18 months. Currently the company has a manufacturing unit in Ankleshwar and this will be second manufacturing unit in the state of Gujarat.

Arrow Greentech is engaged in business of bio-degradable (green) products, high-tech product and having Patents income for such products/technology. The company caters to both domestic and international markets.


Peers
Company Name CMP
Uflex 636.90
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Huhtamaki India 242.85
TCPL Packaging 3696.55
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