“The target for the current fiscal year is about Rs 1,700-crore business as against Rs 1,500-crore last year. Next year we expect to surpass Rs 2,500-crore with our expansion plans, both in production capacity and in marketing network,” said A S Mehta, president, JK Papers.

The company’s various products are currently available in all major cities as part of its pan-India presence and new territories are being explored to be added to the network with focus on tier-b and tier-c towns with the exports quantum also expected to add to the target from the current 1,200-1,500 tonnes to over 3,000 tonnes next year, equivalent to Rs 150-crore.

“For export market expansion, a comprehensive market survey, scanning and identity of locations and distributors have been done as a prelude. The thrust will be on expansion in Middle East and the more vibrant African countries,” said Mehta.

“JK Papers is set for this massive expansion with an investment of Rs 1,650-crore,” he added.

“We could have a simple expansion by adding machines of 50,000 tonne capacity of copier papers. But the idea is to build a most modern facility with state-of-the-art technology with a viable capacity with one single machine,“ explained Mehta.

Besides this, JK Papers is also putting up a brand new pulp mill with additional capacity.

The company is also planning an investment of Rs 25-crore to build state-of-the-art automated warehousing process as part of the endeavour.