Mitsu Chem Plast Expands Capacity to Drive Long-Term Growth

05 Nov 2025 CW Team

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.”

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..