Yash Pakka planning to set up Packaging material Project in Uttar pradesh

Yash Pakka Limited intends to build a new flexible packaging materials factory in Kanpur Nagar, Uttar Pradesh. The plant will produce flexible packaging materials for a variety of uses and will have a capacity of 10,000 metric tons per year. The project is projected to cost roughly 700 crores and would be finished by 2025. In India, Yash Pakka Limited is a significant maker of biodegradable packaging materials. The company has a long history of invention and has created a variety of proprietary technologies for the production of flexible packaging materials. The new plant in Kanpur Nagar would be Yash Pakka Limited's third in India for flexible packaging materials. The remaining two plants are at Ayodhya, Uttar Pradesh, and Haridwar, Uttarakhand. 

The new plant in Kanpur Nagar is a significant investment by Yash Pakka Limited and demonstrates the company's commitment to the Indian packaging market. The plant is projected to generate 500 new jobs and benefit the local economy. Here are some of the key details of the project: Location: Kanpur Nagar, Uttar Pradesh Capacity: 250 Tns per day Cost: 700 Crores Completion date: 2025Products to be manufactured: Flexible packaging materials for a variety of applications Technology: Proprietary technologies developed by Yash Pakka Limited Jobs to be created: Around 500The project is still in the planning stage and is subject to regulatory approvals. 

However, Yash Pakka Limited is confident that the project will be completed on time and within budget. The new plant is expected to play a significant role in the growth of the Indian packaging industry and will help to make India a global hub for the manufacturing of flexible packaging materials.

As of September 2023, The project is currently in the stage of being approved currently awaiting approval from the government.

News by Rahul Yeligetti