News in brief
The Bengaluru-based firm plans to invest Rs. 153 Crores to manufacture rigid plastic containers, such as jars, pails, caps, bottles, etc. with virgin recycled material. The facility is proposed on 20 acres of land which is expected to generate 500 jobs. The manufacturing unit will come up in Badanaguppe-Kellamballi KIADB industrial area in the Chamarajanagar district.
Brief introduction of Manjushree Technopack
Manjushree Technopack Limited is a thought leader in the rigid plastic packaging space today. With world-class facilities and technologies, they serve every FMCG industry, vertical from dairy to liquor, food products, agrochemicals, pharma, home care, and personal care. The group stands tall with a pan-India presence and a large converting capacity of over 175,000 MT of plastics in bottles, containers, and PET preforms.
The Group is engaged in providing packaging solutions, manufacturing and selling PET, Plastic Preforms, and Containers. These products are significantly sold in domestic markets and also exported. The Group has its production facilities spread across the states of Karnataka, Andhra Pradesh, Punjab, Uttar Pradesh, Himachal Pradesh, Uttarakhand, Haryana, and Assam in India. The registered office of the Parent Company is situated in Bengaluru, Karnataka.
The Group recently acquired the B2B plastics business of Pearl Polymers Limited, and the ‘Plastic Packaging Products’ business of Classy Kontainers, as a strategic buyout to extend their customer base and their product range of plastic pails and containers.
Today, the company boasts an enviable portfolio of over 1000 – custom & stock products, selling to large FMCG multinationals across India and 15 other countries. With revenues of 11000+ Mn rupees and a strong lineage of growth and sustenance, the company is all set to realize its visions and dreams.
Manjushree is known for creating wealth out of waste. They believe in recycling/ reusing the plastic waste. Their passion for recycling is pictorially depicted as follows