Commercial production begins at expanded Techtex unit
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Commercial Syn Bags has started commercial production at its expanded Techtex unit at Indore SEZ, Pithampur, Madhya Pradesh from 22nd July 2026. The expansion adds 1,500 MTPA capacity to the existing 24,530 MTPA across units. Investment of Rs. 5 Crores was funded through internal accruals, share capital and borrowings. Existing capacity utilization was about 91% before expansion.
Capacity addition of 6% should help meet rising demand and support gradual revenue growth. Funded via internal accruals and borrowings, keeping dilution minimal.