EPACK Durable has announced a capacity addition initiative for its recently launched washing machine product line. The expansion aligns with the company’s objective to meet projected demand and scale production effectively.
According to regulatory disclosures made under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, the details of the capacity addition are as follows:
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Existing Capacity: Nil
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Existing Capacity Utilization: Not Applicable
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Proposed Capacity Addition: Approximately 6,00,000 units per annum
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Timeline for Capacity Addition: Approximately 1 year
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Estimated Investment: Around INR 50 crore
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Mode of Financing: Internal accruals (own funds)
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Rationale: To enhance production capacity for the newly launched washing machine product line
The investment and expansion are part of EPACK Durable’s broader operational strategy to address new product requirements and improve manufacturing capabilities.