Jubilant Agri & Consumer Products (JACPL), a subsidiary of the Jubilant Bhartia Group, will invest Rs 50 crore in a new industrial polymer manufacturing facility in Savli, near Vadodara, Gujarat.
This expansion aims to increase the company’s production capacity for industrial polymers used in latex and adhesives. The new facility will strengthen JACPL's foothold in Gujarat and western India while creating local employment opportunities. JACPL’s CEO, Mohan Deep Singh, highlighted Gujarat’s market potential and skilled workforce as key factors behind the investment. The company already operates a latex manufacturing unit at the same location and a total of eight manufacturing and two R&D facilities across India.
This move aligns with JACPL's strategy of expanding capacity near key consumption centers to boost its performance polymers and chemicals business segment.