Ester Filmtech announces packaging film manufacturing plant at Telangana

摘要

Ester Filmtech Limited has planned to set up an advanced polyester film manufacturing facility in the State of Telangana. The total investment of the entire project is approximately INR 1 350 crores in three phases. Implementation of first phase with a capital outlay of INR 500 crores is scheduled to be completed by third quarter of calendar year 2022. This project will create direct employment potential for about 800 people. The end products of the proposed unit will find its applications in the packaging material and will help contributing towards strengthening the value chain of flexible packaging industry. The Company proposes to export 30-40% of its production, which will help to establish Telangana's footprint on global flexible packaging map.