The new facility will enhance production capacity for micro irrigation systems and it is designed to enable in-house production of critical components, supporting backward integration, the company said in a statement.
By enabling in-house manufacturing of key components that were previously sourced externally, the facility is expected to meaningfully improve cost efficiencies and strengthen the Company’s overall profitability profile, Ritesh Khichadia, a Whole Time Director of Captain Polyplast said.
Captain Polyplast is one of the leading players in the micro-irrigation industry, specializing in the manufacturing and export of equipment for a diverse range of agricultural applications. In FY25 (Consolidated), Captain Polyplast Limited reported Total Income of Rs 289.77 crore and a net profit of Rs 31.32 crore. PTI