Pudumjee Paper Products Ltd will boost its production capacity by setting up a state-of-the-art specialty paper manufacturing facility in Mahad, Maharashtra. The project will involve an estimated investment of 1,350.09 INR-Crore.
The Mahad facility is poised to add an impressive annual capacity of 68,000 Metric Tonnes (MT). It will complement the Pune plant, which already produces 75,000 MT annually and operates at a robust utilization rate of 86%, equivalent to 65,000 MT. Additionally, Pudumjee Paper Products plans to complete the facility within five years.
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By meeting the growing demand for specialty paper, Pudumjee Paper Products aims to solidify its market presence. This expansion further underscores the company’s dedication to innovation, efficiency, and addressing the ever-evolving needs of its customers.
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