Nahar Group plans to invest Rs 200 cr in BOPP plant at Madhya Pradesh

19-May-08
Integrated textile major Nahar Group, has decided to set up a 30,000 tpa bi-axially Oriented Polypropylene film (BOPP) plant at Mandideep in Madhya Pradesh at an estimated investment of Rs 200 crore. The company has also proposed to carry out this film project under company's new name of Nahar Poly Films Ltd. The company plans to raise money through a combination of internal accruals and loans from banks to fund this project. The company plans to comission the manufacturing facility within one year.
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