UFlex To Invest Rs 7 Billion In Dharwad Packaging Film Expansion

26 Nov 2025 CW Team

Flexible packaging manufacturer UFlex Ltd will invest more than Rs 7 billion to expand its packaging film production line in Dharwad, Karnataka, a senior company official has confirmed. The upgrade will add 54,000 MTPA of new capacity, increasing UFlex’s global packaging film capacity from 636,160 MTPA to 690,160 MTPA.

“We plan to invest over Rs 7 billion to expand our packaging film manufacturing line in Dharwad. This project will add 54,000 MTPA of new capacity, significantly strengthening our portfolio and enhancing our ability to deliver scalable, high-quality packaging solutions,” Rajesh Bhatia, Group President and CFO of UFlex Ltd, told PTI in an emailed interview.

The Dharwad expansion follows the recent upgrade of the aseptic packaging facility in Sanand, Gujarat, where capacity rose from 7 billion to 12 billion packs per year. Bhatia added that three major global projects are progressing well: a 12-billion-pack aseptic plant in Egypt, an 80-million WPP bags line in Mexico and a 40,000 MTPA recycling facility in Noida. These will add significant scale to the company’s global packaging portfolio.

UFlex expects the new capacities to begin contributing from FY27 and reach full-scale impact in FY28. “We expect these investments to generate nearly Rs 30 billion in additional revenue once fully operational. In FY25, we reported consolidated revenue of over Rs 150 billion, and these new capacities will further strengthen our growth trajectory,” Bhatia said.

He added that GST rationalisation will support broader consumption growth, while India’s extended producer responsibility (EPR) framework will drive demand for recycled packaging materials. “These developments together create a strong foundation for ongoing growth across our businesses,” he said.

Real Estate

07 Jul 2026

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..

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..

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..