Manjushree Technopack launches new greenfield plant in Silvassa

Sanjay Kapote, chief executive officer of Manjushree Technopack inaugurating the new plant

Manjushree Technopack, one of India'due south largest rigid plastics packaging companies, and backed by Advent International, recently announced the launch of a new greenfield found in Silvassa in Western Indian. The new constitute has a capacity of 10,000 MTPA. The company has committed an investment of more than Rs 100 crore for the aforementioned. The found will cater to various sectors of clients including FMCG, lubricants, agrochemicals, and paints.

For MTL, the new plant is a strategic investment that is expected to help forge amend relationships with existing customers and pave the way for acquiring new customers. Silvassa has a strong presence of plastics, textiles, FMCG, chemicals, and other industries. Dadra and Nagar Haveli district contributes to a 28% share of India'due south plastic production and is the epicenter of filling units of brands that extensively use rigid plastic packaging. Brands similar Castrol, Proctor & Take chances, Hindustan Unilever, Marico, Nivea, and others have a huge presence in and around Silvassa. MTL can at present leverage the proximity to such large companies to accelerate its business organization in the West.

The Silvassa plant will focus on the production of plastic containers and bottles for a various range of food and not-nutrient segments. The plant is extensively equipped with extrusion blow molding engineering, which is best suited for packaging products similar shampoo bottles, surface cleaners, toilet cleaners, lubricants, paints, and fertilizers.

Announcing the launch of the new plant, Sanjay Kapote, master executive officeholder of MTL said, "Western Bharat volition play a disquisitional role in our growth and we are estimating 10% of MTL'southward business organisation coming from this region. With the launch of the new plant at Silvassa, we will bolster our human relationship with the scores of brands that are active in the region. Like Silvassa, we aim to be present in more manufacturing hubs across the state in the next 4 years as part of our growth strategy."

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Source: https://packagingsouthasia.com/packaging-production/manjushree-technopack-launches-new-greenfield-plant-in-silvassa/