Piramal Glass to invest Rs100 cr in expansion

Mumbai, Feb (EPC News): Piramal Glass Ltd, is planning to invest Rs260 crore over next two years, including Rs100 crore for expansion of capacities at its plant in Jambusar, Gujarat, the company said in its press release, today.

The company has planned to add 160 tonnes per day capacity at its Jambusar plant, through a Greenfield project, which is likely to be completed by FY12. Further, the company has proposed to transfer 75 tonnes of its current capacity in the pharmaceutical segment to the cosmetic and perfumery business. 

EPC News Bureau