Balrampur Chini’s ₹2,000 Crore Bet on Bioplastics

Balrampur Chini Mills expects its PLA vertical—set to commission India’s first industrial-scale bio-based Polylactic Acid (PLA) manufacturing unit in Uttar Pradesh this October—to generate annual revenues of approximately ₹2,000 crore at full capacity.

The facility, located in Kumbhi, will have an installed production capacity of 80,000 tonnes per annum and is projected to achieve full capacity utilization within six months of commissioning.

“We envisage a peak revenue potential of ₹2,000 crore, with guidance indicating an EBITDA margin of around 35 per cent,” said Avantika Saraogi, Executive Director of Balrampur Chini Mills. The PLA project represents a strategic diversification into bio-based and high-value chemical products, reinforcing the company’s long-term growth and sustainability roadmap.

News by Rahul Yelligetti.