JPFL Films to invest Rs 250-cr in a BOPP line

JPFL Films, a subsidiary of flexible packaging giant Jindal Poly Films, has announced a capacity expansion with a new BOPP line in Nashik, Maharashtra. The new line, expected to be commissioned in the second half of financial year 2025-26, will see a capital expenditure commitment of Rs 250-crore..

The capacity expansion is part of the company’s strategic play in the biaxially oriented polypropylene (BOPP) segment and is in line with the company’s aim to increase market share amidst challenging demand-supply imbalances leading to ongoing pricing pressures in the sector. The expansion comes with the backdrop of top-line growth accompanied by a 142% rise in EBITDA in the first quarter of financial year 2024-25.

The new line is expected to be advanced in the market, boasting superior width and output capabilities. It can produce high-OD rolls up to 1,700-mm, optimising efficiency for downstream processes such as metallising.

Sharing his views on the strategic expansion, Vinod Kumar Gupta, the chief executive officer at JPFL Films said, “Building on the momentum of our strong Q1 performance, this investment is a strategic step to strengthen our market position and drive sustainable growth. The packaging industry is fundamentally a cyclical business, and the industry is witnessing a market correction at this point of time. Going forward, the new BOPP line positions us to deliver exceptional value to our customers. With this expansion, we are enhancing our ability to meet and exceed customer expectations with a diverse range of high-performance films. Moreover, this move aligns perfectly with our goals of improving operational efficiency and sets us up well to leverage business upturns as we continue to maintain market leadership.”

Since its entry into the flexible film manufacturing business in 1996, Jindal Poly Films Limited (JPFL), it has turned into a company with over USD 500-million in turnover.It has more than 2,500 members in its workforce. The company stands out in the flexible packaging industry in India as a one-stop-shop film solution provider across all segments. JPFL claims to command the highest market share in the country and its Nashik plant, owned by one of its subsidiaries JPFL Films, is the world’s largest single location facility for the manufacturing of flexible packaging films.

The USD 2.5-billion BC Jindal Group is a culturally diverse workforce across India, USA, and Europe, employs more than 10,000 people and has been offering a wide range of products and solutions since 1952.