PR Packaging targets 100-crore turnover

Faridabad-based PR Packaging has targeted a Rs 100-crore turnover over the next two years, adhering to its continual investment in equipment and newer facilities. 

07 Jun 2012 | By Supreeth Sudhakaran

Ravinder Gupta, managing director at the firm, said, “We have invested Rs 10-crore in our existing plant to meet our targets and are preparing to foray into other segments. We have facility for packaging printing at Palwal, Haryana and paper moulding  from the waste paper at Nalagarh in Himachal Pradesh."
 
The firm recently added a Fuji CTP system, Lamina automatic gluing machine, pile turner and auto flute laminator to its array of equipment.
 
Presently, the company produces mono, liner, and A,B,C,D,E,F and G flute cartons and has the capacity to convert around 1,000 tonnes of paper and paperboard every month. The company's export amounts to 30%  of the total production while the 70% supplies are utilised to cater to the domestic market.
 
Spread over nine acres, the public limited and privately held printing packaging company reported a turnover of Rs 60-crore in the last financial year. The packaging printing company is growing at 34% CAGR since the last five years.


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