Parksons Packaging to set up Rs. 70 crore plant at Sri City - Feedback

Parksons Packaging, a Mumbai-based manufacturer and exporter of printed and laminated folding cartons, is setting up a manufacturing base at Sri City with an outlay of Rs. 70 crore.

Laying the foundation stone, Ramesh Kejriwal, Chairman, said: “We are foraying into the Southern region by setting up a unit at Sri City which has been selected because of its strategic location, infrastructure and excellent service to entrepreneurs. Soon, we expect to start our journey in the South.” The plant, to be built on a 10-acre plot with an initial outlay of Rs. 70 crore, will focus on producing and processing folding cartons. The facility is expected to be commissioned by October. It will provide jobs to about 300 people.

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *