UFlex to Invest Over ₹700 Crore to Expand Packaging Film Capacity at Karnataka Plant.

Flexible packaging major UFlex Ltd will invest over ₹700 crore to expand its packaging film manufacturing line in Dharwad, Karnataka, a senior company official has confirmed.

The expansion will add 54,000 MTPA of new capacity to the plant, increasing UFlex’s global packaging film capacity to 690,160 MTPA, up from the current 636,160 MTPA.

“We plan to invest over ₹700 crore to expand our packaging film manufacturing line in Dharwad, Karnataka. This project will add 54,000 MTPA of new capacity, significantly strengthening our portfolio and enhancing our ability to serve customers with scalable, high-quality packaging solutions,” Rajesh Bhatia, Group President and CFO of UFlex Ltd, told PTI in an emailed interview.