Kanpur Plastipack Unveils Rs 1.05 Billion Expansion Plan
ECONOMY & POLICY

Kanpur Plastipack Unveils Rs 1.05 Billion Expansion Plan

Kanpur Plastipack Limited (KPL), a leading manufacturer of FIBCs and technical textiles, has announced a capital-expenditure programme of Rs 1.05 billion aimed at expanding capacity, improving operational efficiency and diversifying into new product segments.

As part of the plan, the company is establishing a new FIBC facility at Unit 3 on Gajner Road, with an investment of Rs 472.2 million. This includes three projects — a new FIBC manufacturing building, an advanced roll-management system and a dedicated warehouse for the Trading Division. The FIBC expansion will add 1,200 MT of capacity in the next fiscal year, with a long-term goal of 6,000 MT over five years. This will enable a stronger focus on higher value-added products and further consolidate KPL’s position in export and premium packaging markets.

The modern roll-management system will introduce enhanced racking and retrieval infrastructure to improve inventory control, space utilisation and operational safety. The new Trading Division warehouse will replace rented facilities, streamlining logistics and reducing costs.

KPL is also investing Rs 580.4 million to diversify into non-woven fabrics through a Greenfield manufacturing unit based on needle-punching technology. This marks the company’s entry into a high-growth market with applications in automotive interiors, shoe insoles and carpets. The project will be led by a sector veteran with more than 25 years of experience in non-wovens and is expected to open new growth avenues within technical textiles.

Chairman and Managing Director Manoj Agarwal said the investments represent a major step in KPL’s long-term growth strategy, expanding capacity, strengthening its value-added portfolio and advancing its position in both packaging and technical textiles. He added that these initiatives would support sustainable growth and create long-term value for stakeholders.

The Rs 1.05 billion programme will be funded through a mix of internal accruals and term loans and will be implemented over 12 to 18 months in phased stages.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Kanpur Plastipack Limited (KPL), a leading manufacturer of FIBCs and technical textiles, has announced a capital-expenditure programme of Rs 1.05 billion aimed at expanding capacity, improving operational efficiency and diversifying into new product segments. As part of the plan, the company is establishing a new FIBC facility at Unit 3 on Gajner Road, with an investment of Rs 472.2 million. This includes three projects — a new FIBC manufacturing building, an advanced roll-management system and a dedicated warehouse for the Trading Division. The FIBC expansion will add 1,200 MT of capacity in the next fiscal year, with a long-term goal of 6,000 MT over five years. This will enable a stronger focus on higher value-added products and further consolidate KPL’s position in export and premium packaging markets. The modern roll-management system will introduce enhanced racking and retrieval infrastructure to improve inventory control, space utilisation and operational safety. The new Trading Division warehouse will replace rented facilities, streamlining logistics and reducing costs. KPL is also investing Rs 580.4 million to diversify into non-woven fabrics through a Greenfield manufacturing unit based on needle-punching technology. This marks the company’s entry into a high-growth market with applications in automotive interiors, shoe insoles and carpets. The project will be led by a sector veteran with more than 25 years of experience in non-wovens and is expected to open new growth avenues within technical textiles. Chairman and Managing Director Manoj Agarwal said the investments represent a major step in KPL’s long-term growth strategy, expanding capacity, strengthening its value-added portfolio and advancing its position in both packaging and technical textiles. He added that these initiatives would support sustainable growth and create long-term value for stakeholders. The Rs 1.05 billion programme will be funded through a mix of internal accruals and term loans and will be implemented over 12 to 18 months in phased stages.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement