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Uflex to set up aseptic packaging plant in Gujarat, India

PKBR Staff Writer Published 10 August 2015

Flexible packaging company Uflex has unveiled a plan to set up an aseptic packaging plant for liquid at Sanand, Gujarat, in India with an investment of $86.2m during the first phase.

liquid

This unit will have capacity to produce around seven billion packs per year for liquid products such as energy drinks, milk and juices. Around 90% of the production will be aimed at domestic market.

The plant, expected to come on stream by April 2017, will generate employment opportunities for 250 people during the first phase. In all, 3,000 jobs are expected to be generated with the completion of the project.

With this capacity expansion, Uflex claims to have increased its proximity with markets and this was in keeping with the Indian Government's 'Make in India' mission, the company said.

Uflex Group chairman and managing director Ashok Chaturvedi said: "Uflex continues to strive to become one of the largest flexible packaging companies and preferred supplier in the world, delivering best in class products and services."

Uflex has registered consolidated net revenue of $252m for the quarter ending June 30 as compared to $241m in the same period last year.

The firm's growth was driven by rising demand for innovative flexible packaging in the expansion of retail industry, in general, and food sector, in particular.

Uflex, which was established in 1983, has manufacturing units in India and Dubai, along with offices in UAE, Europe and North America. It has global footprints across over 85 countries.


Image: Uflex's new unit in India will produce around seven billion packs per year for liquid products. Photo: courtesy of Jason Gaudet.