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

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..