Mitsu Chem Plast Expands Capacity to Drive Long-Term Growth
ECONOMY & POLICY

Mitsu Chem Plast Expands Capacity to Drive Long-Term Growth

The move forms part of the company’s growth strategy to meet rising demand, strengthen supply capabilities, and achieve its vision of crossing Rs 10 billion in annual revenues by 2028.

Following this addition, Mitsu’s total operational capacity will increase from approximately 28,424 MT per year to 29,079 MT per year. This expansion will enhance the company’s ability to cater to Original Equipment Manufacturers (OEMs) in segments such as industrial packaging, hospital furniture, infrastructure components, and emergency handling solutions.

The Rs 8,50,000 investment, funded entirely through internal accruals, will go towards acquiring advanced machinery aimed at boosting productivity and ensuring superior product quality. This aligns with Mitsu’s commitment to sustainable growth, operational efficiency, and market diversification.

The capacity increase will also help the company maintain supply-chain resilience amid growing demand from sectors including chemicals, pharmaceuticals, dyes, agrochemicals, disinfectants, and healthcare infrastructure.

Commenting on the development, Jagdish Dedhia, Chairman, Mitsu Chem Plast, said, “This capacity enhancement marks another milestone in Mitsu’s journey of continuous growth and innovation. As demand strengthens across our key verticals, this investment ensures we stay ahead by expanding production, improving delivery timelines, and exceeding customer expectations. We remain firmly on track to achieve our Rs 10 billion revenue milestone by 2028.”

The move forms part of the company’s growth strategy to meet rising demand, strengthen supply capabilities, and achieve its vision of crossing Rs 10 billion in annual revenues by 2028. Following this addition, Mitsu’s total operational capacity will increase from approximately 28,424 MT per year to 29,079 MT per year. This expansion will enhance the company’s ability to cater to Original Equipment Manufacturers (OEMs) in segments such as industrial packaging, hospital furniture, infrastructure components, and emergency handling solutions. The Rs 8,50,000 investment, funded entirely through internal accruals, will go towards acquiring advanced machinery aimed at boosting productivity and ensuring superior product quality. This aligns with Mitsu’s commitment to sustainable growth, operational efficiency, and market diversification. The capacity increase will also help the company maintain supply-chain resilience amid growing demand from sectors including chemicals, pharmaceuticals, dyes, agrochemicals, disinfectants, and healthcare infrastructure. Commenting on the development, Jagdish Dedhia, Chairman, Mitsu Chem Plast, said, “This capacity enhancement marks another milestone in Mitsu’s journey of continuous growth and innovation. As demand strengthens across our key verticals, this investment ensures we stay ahead by expanding production, improving delivery timelines, and exceeding customer expectations. We remain firmly on track to achieve our Rs 10 billion revenue milestone by 2028.”

Next Story
Infrastructure Urban

CM Inaugurates Rs 3.7 Billion Vilholi Water Treatment Plant in Nashik

Chief Minister Devendra Fadnavis inaugurated the Nashik Municipal Corporation’s 274 MLD Vilholi Water Treatment Plant and the upgraded Mukane water supply scheme, a Rs 3.7 billion project designed to provide a reliable and sustainable water supply to more than 55 lakh residents. The system will also cater to over 1 crore visitors expected during the 2027 Simhastha Kumbh Mela.Funded partly through Rs 2 billion Green Sustainable Bonds, the project strengthens Nashik’s long-term water security, ensures year-round availability, and enhances the city’s preparedness for peak tourist inflow. It..

Next Story
Infrastructure Urban

Indian Speciality Chemical Industry Poised for Strong Global Growth

The International Center for Biosaline Agriculture (ICBA), in partnership with Al Rostamani Group, has inaugurated three major facilities at its Dubai headquarters: a Training and Knowledge Transfer Building, a Plant Tissue Culture Laboratory, and an Integrated Agri-Aquaculture System. The launch took place in the presence of H.E. Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, marking a significant step forward in strengthening the UAE’s agricultural innovation ecosystem.Fully funded by Al Rostamani Group, the new facilities reinforce ICBA’s role as a leading ..

Next Story
Infrastructure Energy

Mooreast to Explore Up to 500 MW RE Projects in Timor-Leste

Mooreast Holdings, listed on the Singapore Exchange Catalist, announced that it will begin feasibility studies this month for the development of up to 500 megawatts (MW) of large-scale renewable energy (RE) projects in Timor-Leste.The studies follow a Letter of Intent (LOI) signed between Mooreast and the Secretario de Estado de Electricidade Agua e Saneamento (SEEAS), the secretariat for Electricity, Water and Sanitation under Timor-Leste’s Ministry of Public Works. Under the LOI, Mooreast will explore the development of 300–500 MW of floating renewable energy over the next five to ten ye..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement