India’s largest flexible packaging company UFlex Ltd has targetted an April 2017 start up of its aseptic packaging plant, at Sanand in Gujarat. The company, which already has manufacturing facilities at Noida, Jammu and Malanpur, will spend Rs 580 crores in the first phase and employ around 250 people, as per Business Standard.
Uflex is planning multi-phase expansion at the new site and estimates a total investment of about Rs 1500 crores in all the phases of the project. About 90% of the output from this factory will cater to the domestic demand. Starting with initial capacity of around 3.5 bln packs, the plant will finally produce up to seven billion packs over time.
Uflex is one of the major players in the flexible packaging industry world over with clients like P&G, PepsiCo, Tata Global, Mondelez, L’Oreal, Britannia, Haldiram, Amul, Ferro Rocher, Perfetti, GSK, Nestle, etc.