20 Microns to Invest ₹100 Crore in Capacity Expansion and Value-Added Product Development
20 Microns Limited's board has approved a capital expenditure plan of ₹100 crore to be deployed over the next 24 months, aimed at expanding manufacturing capacities, improving operational efficiencies and accelerating value-added product development.
The investment will be directed toward upgrading infrastructure across existing and planned manufacturing and R&D facilities, advancing high-performance mineral products, strengthening quarrying operations for captive raw material consumption, and implementing automation and energy-efficient manufacturing systems. Approximately 15% of the capex has been earmarked for sustainability initiatives, including energy optimisation and waste reduction measures.
Funding for the expansion will come from a mix of internal accruals and selective debt, aimed at maintaining optimal leverage on the company's balance sheet.
As part of the broader expansion, 20 Microns is targeting annual production of 1.08 lakh MT domestically and 0.96 lakh MT at its Malaysian subsidiary by mid-FY2028. A newly formed joint venture with Sievert is targeting a 25% year-on-year rise in production capacity, reaching 0.22 lakh MT by the end of FY2029.
The expansion is driven by rising demand, import substitution opportunities and growing application of specialty minerals across paints, coatings, plastics, ceramics and construction chemicals sectors. The company is targeting over 20% market share in high-value products by FY2030.