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Uflex Ltd is investing 550 crore rupees (about $85.7 million) in its fourth factory in Sanand, Gujarat, to make aseptic packaging with capacity of 7 billion containers per year and enter a market dominated by Tetra Pak. The plant will initially employ 250 people.
“India's largest flexible packaging manufacturing firm, Uflex Ltd., is investing $85.7 million (550 crore rupees) to set up its fourth factory.”valdamarkdirect.com
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