Dhunseri Group plans to invest Rs 1,000 crore in expanding its Panagarh operations through its subsidiary, Dhunseri Polyfilms (DPFPL), as part of its strategy to enhance film production capacity. Group Chairman CK Dhanuka announced that the company’s intends to set up one new biaxially oriented polyethylene terephthalate (BOPET) line and one biaxially oriented polypropylene (BOPP) line at its facility in the WBIDC industrial park in Panagarh.
These films are mainly used for food and non-food packaging. “The lines are expected to be commissioned by March 2027,” said Dhanuka. The investment proposal will be placed before the board for approval by August. The expansion will be funded through a 70:30 debt-to-equity ratio. Dhunseri already operates a BOPP production line at Panagarh.
With the new lines, DPFPL's total installed capacity is expected to reach 120,000 tonne for BOPET films and 210,000 tonne for BOPP films by 2029. Earlier this month, the company also held a stone-laying ceremony for two BOPP plants in Kathua, Jammu. Additionally, Dhunseri operates a PET resin plant in Haldia through a joint venture with the Indo Rama Group, which also manages plants in Egypt and Panipat.