Time Technoplast Completes ₹24 Crore Greenfield Polymer Packaging Plant with 6,000 TPA Capacity at Bhilad, Gujarat
Time Technoplast Ltd has completed a greenfield manufacturing plant at Bhilad in Gujarat. The plant makes conical polymer pails and injection-moulded packaging products. The company said the project was completed within the scheduled time.
The plant has an annual capacity of 6,000 tonnes and cost about ₹24 crore. It is an additional dedicated plant for this product line. Plant and machinery installation is complete, and production will start on September 25, 2026.
The plant is fully automated and uses robotics. The company expects this to reduce manual intervention and administrative costs. At 90 per cent capacity utilisation, it expects the plant to generate turnover of about ₹100 crore a year.