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Wadia group company, National Peroxide, has lined-up plans for a Rs 46 crore plant expansion which is expected to boost its revenues by over 20 per cent once it goes fully upstream, a top company official said.
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Wadia group: National Peroxide to up capacity, aims for 25 pc growth
Wadia group company, National Peroxide, has lined-up plans for a Rs 46 crore plant expansion which is expected to boost its revenues by over 20 per cent once it goes fully upstream, a top company official said.
Ness Wadia, Ness Wadia Latest News, Ness Wadia News, Wadia group “We are investing Rs 46 crore through internal accruals to further enhance our capacity from the current 68 tonnes of hydrogen peroxide (the company’s flagship product) to 84 tonnes,” the company’s Chairman, P V Kuppuswamy, told.
Ness Wadia Commented : “This is possible because we have been adding capacity since the last two years and have got to 68 tonnes from 35 tonnes. There will be a proportional increase in the revenues once the capacity goes to 84 tonnes an annum.”