The 5-year analysis of Ganga Papers India Ltd's performance infers:
Data is not available for this company
Ganga Papers India was incorporated in March 1985 and is engaged in the manufacture of different types of kraft paper. It was incorporated as a private limited company and converted into a public limited company in December 1992. Earlier known as Kasat Paper & Pulp, it got its present name on January 15, 2007.
Special quality kraft paper, high grade kraft paper, newsprint, writing and printing paper, and duplex boards are manufactured at its unit located near Pune in Maharashtra with
Special quality kraft paper, high grade kraft paper, newsprint, writing and printing paper, and duplex boards are manufactured at its unit located near Pune in Maharashtra with an installed capacity of 60 tonnes per day. The company has 49% stake in Unipack Containers and Carton Products, a joint venture in Dubai (UAE), for the manufacture of corrugated printed cartons, sheets and trays.
A sick industrial unit registered with the Board for Industrial & Financial Reconstruction (BIFR), the company is implementing all its obligations under a draft rehabilitation scheme approved by BIFR on October 31, 2006. As per the approved scheme, the new promoters provided funds and the plant, which was closed for four years was revived. One machine was stared in July 2006 and second in January 2007. Modernization is being implemented by installing various equipment like variable frequency drives to save power, complete automation for GSM devices and moisture control quality control systems, steam saving equipments, screening systems, and other upgrades.
In 2010 started Polymer distribution agency of Indian Oil Corporation Limited.
In 2012 acquired a Sponge Iron and Billet Plant at Chunar.
In 2013 Ganga Papers started setting up a 12 MW Power Plant at Chunar.
Business areas of the company:
Ganga Papers India manufactures kraft papers. It also offers newsprint, writing, and printing papers, as well as duplex boards. In addition, the company, through its joint venture, manufactures corrugated printed cartons, sheets, and trays. Ganga Papers India Limited, formerly known as Kasat Paper & Pulp Limited, was incorporated in 1985 and is based in Pune, India.