Home-grown flexible packaging major U-Flex has drawn up a Rs 1,500 crore investment plan for a new unit at Sanand in Gujarat to produce seven billion packs per annum for liquid energy drinks, milk and juices, the company’s chairman Ashok Chaturvedi has said.
“The plant will come at our 72-acre Sanand site. It will eventually generate direct employment for around 3,000 people and revenues worth Rs 4,500 crore. In the first phase, we are expecting revenue of Rs 1,200 crore from the plant. It will be commercially operational by April 2017,” Chaturvedi told IANS in an interview.read more...http://www.vishwagujarat.com/gujarat/u-flex-unveils-package-for-new-rs-1500-crore-gujarat-unit/
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