In order to meet the growing packaging requirements from the beverages industry, Uflex Ltd, India's largest flexible packaging company, will invest Rs 550 crores to set up an aseptic packaging at Sanand, Gujarat. “Conforming to Government of India’s mission of ‘Make in India’, Uflex Limited is in the process of setting up a first of its kind aseptic packaging plant for liquid packaging in Sanand, Gujarat with a capex of Rs 550 crores in the first phase,” said Uflex in a press release.
This project is proposed to be commissioned and operational by April 2017 and will employ around 250 people in the first phase and on completion of all the phases it will provide employment to approximately 3000 people. This factory will produce approximately seven billion packs per year for liquid products such as energy drinks, milk and juices. About 90 percent of the output from this factory will cater to the domestic market.
In recent times, the company has been on a drive to set-up new plants for developing and manufacturing many new and innovative packaging products. “Uflex’s agenda of consistent global expansion and consolidation of its position as a truly Indian MNC (multinational corporation) is reinforced by its strategy of capacity expansion and adding manufacturing lines for various product categories across existing and newer locations. By doing this Uflex increases proximity to the markets and brings broad portfolio of value added products for its clients at the most competitive price points,” added Uflex.
Uflex Limited is the largest fully integrated Indian flexible packaging solution provider to a range of clients across industries both in India and overseas. The company has been consistent growth amid increasing demand for innovative flexible packaging solutions fuelled by expanding retail industry particularly in the food segment. Uflex has packaging facilities at multiple locations in India with installed capacity of over 99,000 TPA. It has plastic film manufacturing facilities in India, UAE, Mexico Egypt, Poland and USA with cumulative installed capacity in excess of 337,000 TPA.