Mumbai: Essel Propack Ltd., an Indian Multi-national company in the business of manufacturing laminated tubes, today commenced the First phase of commercial production at its new unit in Kamrup, Assam. The size of investment in phase-I is over Rs. 60 Crore.
Spread across 70,000 sq.ft. , this Greenfield investment by Essel Propack is planned for production of 750 million laminated tubes per annum when it is fully completed. In the first phase, the facility is equipped to produce 200 million tubes per annum and will ramp up to 750 million tubes over a span of 18 months.The new unit will augment the capacity, making the unit a strategic sourcing site for its Customers who have their presence in the NE of India.
The unit is designed with a view that it can respond more effectively & efficiently to the Customers’ needs, which is ever more dynamic with the new form of ‘Distribution’. The Assam unit shall service and develop its Customer base in North East of India in short term and the neighbouring countries for laminated tubes in the medium term.
The Assam unit is another ‘first’ in the company’s list of achievements. It is not only the company’s first unit in North-East India but also the only Global company manufacturing laminated tubes in the region.
The investment will provide employment to approximately 200 people out of which around 90% would be locals from the Region. The skilled employees have been hired from CIPET (Central Institute of Plastics Engineering & Technology), a nationally recognised technical training institute, with prior ‘on the job’ training in Essel’s other units in India.
On the occasion Mr. Ashok Goel, Chairman and Managing Director said, “The new unit in Assam is a strategic investment, in-line with our stated objective of ‘go and grow’ with customers. Several of our customers have set up units in Assam and our presence near them will facilitate servicing them better, besides opening up opportunities for developing markets in North-East India and surrounding countries. This shall be the first Unit in our system which is equipped & designed to effectively service the ever dynamic market demand, owing to new form of Delivery/Distribution system”.
