20 Microns Commits Rs 100 Crore to Backward Integration and R&D

Industrial minerals manufacturer 20 Microns has announced a Rs 100 crore capex program aimed at backward integration and production scaling. Backed by enhanced operational efficiencies and a stronger product mix, the company posted a year-on-year rise in Q1 FY27 consolidated net profit on stable revenues. Strategic deployment of the funds includes 30% for domestic facilities, 15% for its construction chemicals joint venture with Germany's Sievert Baustoff, and another 15% for R&D and ESG initiatives, fueling both domestic manufacturing and global growth.

News by Rahul Yelligetti