EPACK's subsidiary commissions new manufacturing plant at Sri City for Hisense
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EPACK Durable's wholly owned subsidiary EMTPL commissioned a new 10-acre plant at Sri City, AP for Hisense, its first India facility. Built with USD 30 million via debt and internal accruals, commercial production starts Feb 2026 making Room Air Conditioners, expanding to washing machines (Q2 FY27) and LED TVs (Q3 FY27). Initial RAC capacity is 0.75 million units annually, scaling by FY27. Plant employs 500, expected to reach 2,000.
Strengthens EPACK's role as Hisense's India manufacturing partner. Adds 0.75M unit RAC capacity with phased expansion. Debt-funded USD 30M capex.