Cosmo First Ltd, a global supplier of films for packaging, lamination, labelling, and synthetic paper, has successfully commissioned a new BOPP (Biaxially Oriented Polypropylene) film line at its manufacturing facility in Aurangabad, Maharashtra.
The new BOPP line involves a capital expenditure of over ₹400 crore and adds an annual production capacity of 81,200 metric tonnes (MT). With this addition, Cosmo First’s total annual BOPP capacity rises by approximately 40%, reaching 2,77,000 MT.
This development is part of the company’s strategic initiative to scale up production and meet the growing demand for speciality packaging films. Cosmo First has recorded a 10% CAGR in speciality film sales over the past six years. The expanded capacity is expected to support the launch of several new speciality products in the coming quarters.
The company stated that the new line features advanced manufacturing technology, aimed at enhancing efficiency and broadening its product offerings in the speciality films and packaging segments.
Pankaj Poddar, Group CEO, Cosmo First, stated, “We expect the line to get filled fast due to current favourable gap in demand and supply in the domestic industry. Further, the new BOPP film line shall be eligible for state govt incentives beside being the most cost-efficient line in India. The Company’s focus will be on taking full leverage of the new investments including BOPP line and grow specialty film sales.”
