India Ratings & Research has affirmed rating A-'/Stable to Kalpena Industries’ Long Term Issues. The Outlook is 'Stable'
Kalpena established a modern unit at Daman for the manufacture of PVC compounds. Sustained growth over the next decade necessitated another round of expansion in 1994, when the group set up a second unit in Daman. This state-of-the art plant employed the latest process technology to manufacture XLPE compounds.