Max Ventures & Industries’ (MaxVIL) subsidiary Max Speciality Films (MSFL), which manufactures specialty packaging films, will be investing upto Rs 500 million in a new CPP Line which will have a capacity of 7.2 kilo tpa.
The new CPP Line expansion will be funded entirely through internal accruals. Work on the capital expenditure (capex) will commence in Q2/FY22 and is expected to be commercialised in Q2/FY23.