UFlex to Invest Rs 7 Billion in Dharwad Packaging Expansion
ECONOMY & POLICY

UFlex to Invest Rs 7 Billion in Dharwad Packaging Expansion

Flexible packaging and solutions maker UFlex Ltd will invest over Rs 7 billion to expand its packaging film manufacturing line at Dharwad in Karnataka, according to a senior company official. The expansion will add 54,000 metric tonnes per annum of new capacity at the facility, taking the company’s global packaging film capacity to 690,160 MTPA from 636,160 MTPA.

UFlex Group President and Chief Financial Officer Rajesh Bhatia said the investment will significantly strengthen the company’s portfolio and enhance its ability to serve customers with scalable, high-quality packaging solutions. He added that the Dharwad expansion follows the recently completed augmentation of aseptic packaging capacity at Sanand in Gujarat, where capacity was increased from 7 billion packs per year to 12 billion packs per year.

Bhatia also highlighted that three major strategic projects are progressing well, including a 12-billion-pack aseptic packaging plant in Egypt, an 80-million woven polypropylene bags line in Mexico, and an approximately 40,000 MTPA recycling facility in Noida. These projects are expected to add significant scale and capability to UFlex’s global packaging portfolio, with contributions beginning from FY27 and reaching full impact in FY28, supporting steady and profitable growth.

Commenting on the financial impact, Bhatia said the new capacities are expected to generate nearly Rs 30 billion in additional revenue once fully operational. In FY25, the company reported consolidated revenue of over Rs 150 billion, and the upcoming expansions are expected to further strengthen its growth trajectory. He also noted that GST rationalisation is likely to boost overall consumption, while India’s extended producer responsibility framework will drive higher demand for recycled packaging materials, creating a strong foundation for sustained growth across UFlex’s businesses.

Flexible packaging and solutions maker UFlex Ltd will invest over Rs 7 billion to expand its packaging film manufacturing line at Dharwad in Karnataka, according to a senior company official. The expansion will add 54,000 metric tonnes per annum of new capacity at the facility, taking the company’s global packaging film capacity to 690,160 MTPA from 636,160 MTPA. UFlex Group President and Chief Financial Officer Rajesh Bhatia said the investment will significantly strengthen the company’s portfolio and enhance its ability to serve customers with scalable, high-quality packaging solutions. He added that the Dharwad expansion follows the recently completed augmentation of aseptic packaging capacity at Sanand in Gujarat, where capacity was increased from 7 billion packs per year to 12 billion packs per year. Bhatia also highlighted that three major strategic projects are progressing well, including a 12-billion-pack aseptic packaging plant in Egypt, an 80-million woven polypropylene bags line in Mexico, and an approximately 40,000 MTPA recycling facility in Noida. These projects are expected to add significant scale and capability to UFlex’s global packaging portfolio, with contributions beginning from FY27 and reaching full impact in FY28, supporting steady and profitable growth. Commenting on the financial impact, Bhatia said the new capacities are expected to generate nearly Rs 30 billion in additional revenue once fully operational. In FY25, the company reported consolidated revenue of over Rs 150 billion, and the upcoming expansions are expected to further strengthen its growth trajectory. He also noted that GST rationalisation is likely to boost overall consumption, while India’s extended producer responsibility framework will drive higher demand for recycled packaging materials, creating a strong foundation for sustained growth across UFlex’s businesses.

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement