Borosil Scientific approves Rs 60 cr capacity expansion in Bharuch
BOROSCI · price
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The board approved setting up a new manufacturing facility in Bharuch, Gujarat, expanding glassware capacity from about 15 lakh units to 108 lakh units per year. Estimated capex is Rs 60 crores, funded through internal accruals or borrowings. Current capacity utilization is around 87 percent. Commercial production from the new facility is expected by March 2027. The company may also seek subsidies under Viksit Gujarat Industrial Policy 2026.
Seven-fold capacity expansion to meet rising demand from Borosil Limited. Rs 60 cr capex drives long-term growth, with production starting by March 2027.