JPFL Films Private Limited, the flexible packaging division of Jindal Poly Films Limited, has announced a ₹700 crore investment to expand its manufacturing capacity at its Nashik facility. The company will install new production lines for BOPP (biaxially oriented polypropylene), PET, and CPP films, with operations expected to begin within the next two to three years.
The expansion plans were disclosed via a filing to the Bombay Stock Exchange and follow the ongoing installation of Line 9, a BOPP production unit announced in August 2024. The move is part of JPFL’s broader strategy to strengthen its market presence amid persistent pricing pressure and demand-supply imbalances in the packaging industry.
“This initiative is aimed at reinforcing our leadership in the flexible packaging space, even as the sector navigates fluctuating market conditions,” the company stated.
Currently, JPFL produces 2.9 lakh tonnes of BOPP film annually. The new line will add 42,000 tonnes per year to its capacity. PET film production, presently at 1.7 lakh tonnes annually, will increase by 55,000 tonnes, while CPP production will rise from 33,600 to 51,600 tonnes per annum following the installation of the new line.
The investment comes on the back of a strong performance during the first nine months of FY 2024–25, where the company reported a 43% increase in net operational revenue.
Flexible packaging continues to serve high-demand sectors such as food and beverage, pharmaceuticals, and personal care—making it a resilient segment despite macroeconomic challenges. JPFL’s capacity boost signals continued confidence in the long-term growth of India’s packaging industry.