# Moldtek Packaging plans Rs 125 crore capex in FY23 for new capacity and plants

Moldtek Packaging plans capital expenditure of Rs 125 crore in FY23, adding capacity at Sultanpur, Daman, Vizag, Hyderabad and Kanpur units and setting up a second plant at Daman with robotic IML facilities.

- Type: Investment
- Announced: 2022-08-08
- Where: India
- Value: $16.4M (1.25B INR)
- Status: announced
- Capacity: 4,700 tpa at Sultanpur and Daman; 2,600 tpa at Daman, Vizag, Hyderabad and Kanpur; 2,000 tonne IBM unit at Sultanpur
- Products: plastic packaging, IML containers, IBM containers, pharma packaging
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Moldtek Packaging](https://endata.com/companies/9567.md)

## Sources

- [projectsmonitor.com](https://www.projectsmonitor.com/daily-wire/moldtek-packaging-announces-capex-worth-rs-125-cr-in-fy23/), 2022-08-08: "Moldtek Packaging is planning capex worth Rs 125 crore during FY23 including new locations and in all segments."

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