G M Polyplast Ltd

GM Polyplast Announces Capacity Expansion 📈

• Existing production capacity: 19,800 metric tons per annum

• Current utilization rate: 65%

• Post-expansion capacity: 21,800 metric tons per annum

• Completion target: Financial year 2026-27

• Estimated investment: ₹3.5 crores

• Funding sources: Internal accruals and debts

• Market demand drivers: Packaging, automotive, construction, consumer durables, and healthcare sectors

• Strategic focus: Export opportunities and sustainability trends including recyclable and biodegradable plastics