Cosmo First, a New Delhi-based manufacturing conglomerate, has commissioned a new BOPP (Biaxially Oriented PolyPropylene) film manufacturing line at its existing facility in Aurangabad, Maharashtra, with a capital expenditure exceeding INR 4 billion. The new line adds an annual production capacity of 81,200 metric tonnes, increasing the company’s total BOPP manufacturing capacity by approximately 40% to 277,000 metric tonnes per annum.
The additional capacity is intended to support the expansion of its product portfolio in speciality films and packaging. Speciality sales at Cosmo First have reportedly grown at a compound annual growth rate of 10% over the last six years. Several new speciality film products are planned for release in the coming quarters.
“We expect the line to get filled fast due to current favourable gap in demand and supply in the domestic industry. Further, the new BOPP film line shall be eligible for state govt incentives beside being the most cost-efficient line in India. The Company’s focus will be on taking full leverage of the new investments including BOPP line and grow specialty film sales,” said Pankaj Poddar, Group CEO of Cosmo First.
Cosmo Films, a division of Cosmo First Limited, manufactures specialty films used in packaging, lamination, labelling, and synthetic paper. The company supplies products to various food and beverage and personal care brands, as well as packaging and printing converters. With manufacturing units in India and warehousing facilities in different parts of the world, Cosmo Films focuses on developing products and solutions for industrial and consumer applications.
Cosmo First Limited, founded in 1981, operates across multiple business segments including flexible packaging, lamination, labelling, speciality chemicals, rigid packaging, window films, automotive paint protection films, and digital-first pet care. Its operations span over 100 countries. The company’s manufacturing footprint includes facilities in India and warehousing in various regions.