SMVD Poly Pack Hits Odisha: 61 Crore Project Targets 10500 TPA

SMVD Poly Pack Limited, a prominent player in the packaging industry, has announced its ambitious project in Jagatsingpur, Odisha. The project aims to manufacture PP/HDPE bags and sacks with a staggering capacity of 10500 TPA (tons per annum), with an estimated investment of 61 Crores. This venture signifies a significant stride towards enhancing the region's industrial landscape while catering to the growing demand for packaging solutions.

The decision to establish the project in Jagatsingpur, Odisha, underscores the strategic importance of the location. Odisha, known for its conducive business environment and abundant resources, offers a favorable ecosystem for industrial ventures. SMVD Poly Pack Limited's investment is poised to stimulate local economic development, creating employment opportunities and fostering socio-economic growth in the region.

Moreover, the production of PP/HDPE bags and sacks aligns with the market demand for durable and sustainable packaging solutions. These materials find extensive applications across various industries, including agriculture, retail, and logistics. By leveraging advanced manufacturing techniques and quality standards, SMVD Poly Pack Limited aims to carve a niche for itself in the competitive packaging sector.

News by Rahul Yelligetti