Gearing Up for the Future: JPFL Films' ₹700 Crore Nashik Push

JPFL Films, a wholly-owned subsidiary of Jindal Poly Films, is set to invest over ₹700 crore over the next two to three years to establish new film lines in Nashik, Maharashtra.

This expansion is part of the company’s strategy to reinforce its leadership in the flexible packaging segment. The project will include installation of new lines for biaxially oriented polypropylene (BOPP), polyethylene terephthalate (PET), and cast polypropylene (CPP), with annual capacities of up to 42,000 tonnes, 55,000 tonnes, and 18,000 tonnes respectively.

This development is in addition to the BOPP line announced in August 2024, underscoring JPFL Films’ commitment to aggressive growth amid industry headwinds and pricing pressures.

The move follows a strong performance by Jindal Poly Films, which posted a 43% year-on-year increase in net revenue from operations during the first nine months of FY25.

Flexible packaging continues to be a high-growth segment, driven by demand across food and beverage, pharmaceuticals, and personal care sectors. With this expansion, the company aims to meet evolving customer expectations and solidify its competitive edge in the market.

News by Rahul Yelligetti.