Orient Paper & Industries (OPIL) is planning to hike its production capacity by modernising its manufacturing facility at Amlai, Madhya Pradesh.
The company in a regulatory filing at exchanges has said, “The Board of Directors of the Company at its meeting held today, inter alia, approved the capital expenditure of Rs. 475 crores for modernisation of its manufacturing facility at Amlai, Madhya Pradesh. The project will improve operating capacity of the paper mill to 400 tonnes per day and is likely to be completed in 24 months.” (Source: Industry reports, India)
Caption: Amlai Paper Mill (Image courtesy Orient Paper)