Rubfila International, a Kerala-based firm aims to achieve a business turnover of Rs 350 crore by 2016. The only manufacturer of silicon-coated rubber threads in India has lined up several plans to achieve this target. These plans include increasing the production capacity from the present 10,000 tonnes to 25,000 tonnes, diversifying into latex-related products and a phased expansion in Pollachi, where the company has acquired 12 acres of land.
The company aims to complete the next phase of expansion to 13,000 tonnes capacity, by the end of the current fiscal, with the focus on both exports as well as the domestic market. The cost of expansion will be funded from internal accruals.
| Company Name | CMP |
|---|---|
| Apcotex Inds | 382.15 |
| Pix Transmission | 1466.45 |
| GRP | 2120.85 |
| Harrisons Malayalam | 188.80 |
| Tinna Rubber & Infra | 677.65 |
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