The Board of Directors of Garware Hi-Tech Films Limited (GHFL) has approved the establishment of India’s first TPU Extrusion plant at Waluj, Chhatrapati Sambhaji Nagar, Maharashtra, with a capital expenditure of ₹118 crore, funded through internal accruals. The plant will have a production capacity of 360 LSF per annum and is expected to be operational by October 2026, with completion scheduled in 18 months.
“This new line will enhance our manufacturing capabilities, optimize operational costs, and support future market demand,” said Monika Garware, Vice Chairperson and Joint Managing Director, Garware Hi-Tech Films Limited.
The output from the new extrusion line will support both existing and upcoming PPF production lines, ensuring seamless integration into GHFL’s manufacturing processes while driving cost efficiencies. Additionally, the line will accelerate R&D efforts and expand GHFL’s value-added product portfolio, further strengthening its market position.
GHFL is among the few companies globally with a vertically integrated chip-to-film operation, producing high-quality specialty polyester films for diverse industries and applications worldwide.