By: ICN Bureau
Last updated : August 28, 2022 10:29 am
The project has been commissioned and capitalized on 25th August, 2022 at an aggregate cost of Rs 446 crores. (approx.)
SRF Limited had earlier announced approval for a project for setting-up of a second BOPP Film Line & Metallizer at Indore at an estimated cost of Rs. 424 crores.
The project has been commissioned and capitalized on 25th August, 2022 at an aggregate cost of Rs 446 crores. (approx.)
In the first week of November 2020, the Board of Directors of SRF Ltd had approved setting up of a second BOPP Film Line & Metallizer at Indore. 60,000 MTPA of additional capacity is proposed at an outlay of Rs. 424 crore through mix of debt and internal accruals.
The rationale for expansion was the growth of BOPP market both in India and overseas, need for ability to service the customer for the entire spectrum of BOPP products.