JPFL Films, a wholly owned subsidiary of Jindal Poly Films, will undertake a capital expenditure exceeding Rs 700 crore over the next two to three years to establish new film lines in Nashik, Maharashtra.

JPFL Films will install new biaxially oriented polypropylene (BOPP), polyethylene terephthalate (PET)), and cast polypropylene (CPP) lines with respective annual capacities of up to 42,000 tonne, 55,000 tonne, and 18,000 tonne.

This capacity addition is separate from a previously announced BOPP line in August 2024. 

Jindal Poly Films registered a year-on-year growth of around 43 percent in net revenue from operations during the first nine months of FY25, providing momentum for continued investment.

Flexible packaging remains one of the most lucrative verticals due to its broad use across industries including food and beverage, pharmaceuticals, and personal care.