Mold-Tek Company’s open a new unit at Telangana
With reference to the captioned subject, we are glad to inform you that the Commercial Production/ Commercial Operations at the Company’s new unit situated at Sy. No.G40/2, G41 &G42/1, Main Road, TSIIC Sultanpur, Sultanpur Village, Hyderabad, Sangareddy District, Telangana-502319, India, has commenced with effect from the 27th March, 2023.
The details pertaining to capacity addition is as below:
|
Sr. No. |
Particulars |
Remarks |
|
1. |
Existing capacity |
45,290 MTA. |
|
2. |
Existing capacity utilization |
70% Approx. of Existing Capacity. |
|
3. |
Proposed capacity addition |
2,000 MTA in phase
I. |
|
4. |
Period within which
the proposed capacity is to be added |
Over next 3 to 5 months. |
|
5. |
Investment |
₹ 40 Crores
till date. |
|
6. |
Mode of financing |
Out of internally generated funds. |
|
7. |
Rationale |
To meet the increased Demand In Food
and FMCG segments and later pharma packaging. |
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