Jindal Poly Films' wholly-owned subsidiary, JPFL Films, will undertake a capital expenditure exceeding Rs 700 crore to establish new film lines in Nashik, Maharashtra, over the next two to three years.

The expansion is part of the company's broader strategy to strengthen its position in the flexible packaging sector. JPFL Films will install new biaxially oriented polypropylene (BOPP), polyethylene terephthalate (PET)), and cast polypropylene (CPP) lines with respective annual capacities of up to 42,000 tonne, 55,000 tonne, and 18,000 tonne. 

This capacity addition is separate from a previously announced BOPP line in August 2024, reinforcing the company's aggressive growth plans in the segment. The move aligns with the company’s aim to enhance market share amidst ongoing pricing pressures and operational headwinds. Jindal Poly Films registered a year-on-year growth of around 43 percent in net revenue from operations during the first nine months of FY25, providing momentum for continued investment.

Flexible packaging remains one of the most lucrative verticals due to its broad use across industries including food and beverage, pharmaceuticals, and personal care. The expansion reflects the company’s focus on maintaining its leadership in this high-demand segment while meeting rising customer expectations for quality and performance.