Cosmo Films Limited, a Global Leader in Films for packaging, labeling, lamination, and synthetic paper and an emerging player in specialty chemicals, polymers & petcare, today announced expansion by setting up the world’s most extensive BOPP film production line at Aurangabad with an annual rated capacity of 67,000 MT. The BOPP line will require an investment of about Rs. 350 crores will be funded through internal accruals and debts and are expected to commence commercial production within FY 2024-25.
Cosmo Films Ltd. declare the first dividend
Backed by strong financial performance, the Company has also declared its firstinterim dividend of Rs 25 per share for FY 2021-22.
Commenting on Company’s performance Mr Pankaj Poddar, chief executive officer, Cosmo Films Ltd., said, “With current capacity expected to produce primarily specialty films (80%+) in next two years and projected BOPP film demand growth in India, the Company planned capacity expansion which will be world’s largest production line with an annual rated capacity of 67,000 MT with the lowest cost of production”.
The Company has also recently launched ZIGLY – India’s first tech-enabled integrated pet-care platform – through the launch of its website www.Zigly.com and the opening of its flagship experience center in New Delhi. Other growth plans, i.e., Specialized BOPET line, focused on growing specialty sales, expanding into Cosmo Specialty Chemicals are progressing well in line with the plan.
Cosmo Films – Pankaj Poddar, CEO photo credit: economictimes.indiatime.com
Packaging South Asia — authentic, impactful and influential
An English-language packaging industry B2B platform in print and web, Packaging South Asia is in its 19th year of publication. We do not make any claims about being the best or the most widely read. However, if you are interested in targeting the Indian and South Asian markets to sell equipment, technology, software, and consumables, we can help.
To improve your marketing and grow sales, talk to us. Our research and consulting company IppStar [www.ippstar.org] can assess your potential and addressable markets in light of the competition. We can discuss marketing, communication, and sales strategies for market entry and growth.
Suppliers and service providers with a strategy and budget for targeted marketing can discuss using our hybrid print, web, video, and social media channels to create brand recognition linked to market relevance. Our platform and channels are differentiated by hands-on practice and an understanding of business and financials. Our team, including some of the best technical writers, is ready to meet you and your customers for content.
India and South Asia’s fast-growing packaging industry is continuously expanding capacities with efficiency and appropriate innovative technologies. Get our 2025 media kit and recalibrate your role in this dynamic market. Enhance your visibility and relevance to existing markets and turn potential customers into conversations. Ask for a sample copy of our monthly or two weekly packaging eZines.
