# Euro Panel Products to invest ₹25-30 crore in Gujarat facility expansion

Euro Panel Products Limited will invest between ₹25 crore and ₹30 crore to expand its plant in Umergoan, Gujarat, increasing daily production capacity of aluminium composite panels by 25% from 20,000 sq. m. The expansion includes a new coating line for backward integration.

- Type: Expansion
- Announced: 2023-04-25
- Where: Umergoan, Gujarat, India
- Value: $3.40M (275.0M INR)
- Status: announced
- Capacity: 25% increase from 20,000 sq. m. per day
- Products: aluminium composite panels
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Euro Panel Products](https://endata.com/companies/69925.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/euro-panel-products-to-invest-25-30-crore-in-facility-expansion/article66773939.ece), 2023-04-25: "Euro Panel Products Limited will invest between ₹25 crore to ₹30 crore to expand its current plant in Umergoan, Gujarat."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.