Ddev Plastiks Commences New Unit Operations in Bhiwandi, Rajasthan
Ddev Plastiks Industries Limited commenced operations of its new XLPE manufacturing unit in Bhiwandi, Rajasthan on April 28, 2026. The unit has a capacity of 48,000 MTPA and involved an investment of ₹80 Crores. It is expected to generate ₹500 Crores in additional revenue.
The addition of a new manufacturing unit, substantial investment, and projected revenue increase are material developments that are likely to have a significant impact on the company's operations and financial performance.
The commencement of a new production unit with significant investment and projected revenue generation indicates positive growth and expansion for the company.
Ddev Plastiks Industries Limited has announced the commencement of commercial operations for its new XLPE and allied products manufacturing unit located in Bhiwandi, Rajasthan. The new unit, with an installed capacity of 48,000 MTPA, began operations on April 28, 2026. The company has invested approximately ₹80 Crores in this facility.
The commencement of this new unit is anticipated to significantly enhance the company's production capacity for XLPE, a niche product. It is also expected to facilitate the expansion of its geographic presence and better cater to growing customer demand, thereby supporting the company's long-term growth strategy. Ddev Plastiks projects that the new unit will contribute an additional revenue of approximately ₹500 Crores, contingent upon favorable market conditions and optimal capacity utilization.
All necessary statutory and regulatory approvals for the operation of this unit have been secured. The company will also make this disclosure available on its website.
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Ddev Plastiks Industries Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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