Supreme Industries Ltd aims to invest over Rs. 700 crores in capital expenditure this year, including Rs. 280 crores in carry forward obligations. Capex that has been committed or intended is mostly for:
To finish and put into operation the ongoing project work in Assam to produce PVC Pipes, Rota & Blow Moulded goods.
Building a plastic product complex in Cuttack, Odisha, and Erode, Tamilnadu, where construction is underway. The first phase at both locations is expected to start production in August or September 2022.
At the current plant at Halal, Gujarat, quadruple the capacity of Composite LPG cylinders to 1 million per year.
Establishing additional capacity to manufacture olefin Fittings and to put PEX Piping System at Jadcherla.
Expanding capacities and product range of its bath fitting products at Puducherry.
Adding varieties of new injection moulded fitting products in its plastic Piping products.
