In a bid to further up its presence in India and abroad, Uflex Ltd., India's largest flexible packaging company with annual revenues of more than Rs. 30 billion, has chalked out aggressive business and investment plans of more than US $250 million for the next two years, which include the setting up of various green/brown field projects globally.
Uflex has strong manufacturing base in India (Jammu, Noida and Gwalior), Mexico, Dubai and Egypt (on anvil) catering to global markets spanning USA, Canada, South America, UK, Europe, Russia, CIS countries, South Africa and other African countries, the Middle East and the South Asian Countries. The investment is intended to cope with the growing demand for flexible packaging in national and international market..
To read full press release you can refer to:
http://www.dsij.in/pr/bw/pressrelease.asp?nid=%20%20%20%20%20%20%20%2022909
Source: Dalal street investment journal
http://www.dsij.in