Ruchira Papers Ltd. is set to enhance its production capabilities with a significant expansion project in Sirmaur, Himachal Pradesh. The company has announced an investment of ₹138 crore to scale up its printing paper manufacturing operations, a move aimed at increasing its production capacity to 37,950 tonnes per annum (TPA).
The expansion project will bolster Ruchira Papers' ability to meet growing demand for high-quality printing papers, catering to various industries including publishing, education, and corporate sectors. The upgraded facility will integrate advanced technologies to ensure efficient production and high standards of paper quality.
This expansion not only strengthens Ruchira Papers' market position but also aligns with the company’s strategy to enhance its footprint in the paper manufacturing industry. The project is expected to significantly contribute to the local economy by creating numerous job opportunities and supporting ancillary industries.
In addition to increasing production capacity, the facility will incorporate sustainable practices, reflecting Ruchira Papers' commitment to environmental responsibility. The company aims to minimize its ecological footprint while maintaining its dedication to producing top-notch printing papers.
As the project progresses, Ruchira Papers Ltd. is poised to solidify its presence in the paper industry, meeting the evolving needs of its clientele and supporting the overall growth of the manufacturing sector in Himachal Pradesh.
News by Rahul Yelligetti