These are some of the top projects in this category covered in New Projects Tracker portal in December 2023.
Project Promoter : Modern Propack Pvt Ltd
Products & Capacity : Plastic Caps/ Closures / Plastic Moulded Articles (5400 MTPA)
Project Location : SIDCO Industrial Complex, Bari Brahmana, Jammu, Jammu and Kashmir
Proposed Investment : 416 ( Rs. Million )
Executive Summary : Modern Propack Pvt Ltd is spearheading a groundbreaking venture in the SIDCO Industrial Complex, Bari Brahmana, Jammu, with the initiation of a new plastic caps/closures/plastic-molded articles manufacturing project (Unit 2). The project involves a significant investment of Rs. 415.6 million, targeting an annual production of 5400 metric tonnes. As of December 2023, Modern Propack has obtained consent from state pollution control authorities, showcasing the company's dedication to environmentally responsible and sustainable industrial practices.
Project Promoter : Prataap Snacks Ltd
Products & Capacity : Namkeen and Popcorn (10000 MTPA)
Project Location : Kartholi, Near SIDCO Industrial Complex, Bari-Brahmana, Samba, Jammu, Jammu and Kashmir
Proposed Investment : 330 ( Rs. Million )
Executive Summary : Prataap Snacks Ltd is leading a dynamic namkeen and popcorn manufacturing project in Kartholi, near SIDCO Industrial Complex, Bari-Brahmana, Samba, Jammu, Jammu and Kashmir. The project boasts a substantial 10,000 MTPA capacity and is estimated to cost Rs.330 million. As of December 2023, Prataap Snacks Ltd has secured approval from state pollution control authorities, affirming the company's commitment to responsible and environmentally compliant project establishment in the region.
Project Promoter : Metal Dreams Industries
Products & Capacity : Copper / Brass Coil, Sheet & Circle (2000 MTPA)
Project Location : Lane No.5, IGC Phase-1, SIDCO Samba, Samba, Jammu and Kashmir
Proposed Investment : 236 ( Rs. Million )
Executive Summary : Metal Dreams Industries is spearheading the establishment of a copper and brass manufacturing unit in Samba, Jammu and Kashmir, with a robust 2000 MTPA capacity. The project, valued at Rs.236 million, received state pollution control consent in December 2023, highlighting the company's commitment to environmental responsibility. Situated in SIDCO Samba, this initiative not only contributes to regional industrial growth but also plays a pivotal role in fostering economic development in the area.
Project Promoter : Kashmir Walnut Food Park
Products & Capacity : Walnut Milk (45000 Lit.lYear) and Walnut Paste (125 MTPA)
Project Location : Food Park, SIDCO Industrial Estate, Ph.2, Khunmoh, Srlnagar, Jammu and Kashmir
Proposed Investment : 70 ( Rs. Million )
Executive Summary : Kashmir Walnut Food Park is leading a groundbreaking walnut-based processing venture in Srinagar, Jammu and Kashmir, situated at the SIDCO Industrial Estate. Valued at Rs.69.7 million, the project includes the manufacturing of various products such as walnut milk, walnut paste, almond products, and more. With state pollution control consent obtained in December 2023, Kashmir Walnut Food Park underscores its commitment to environmentally responsible practices in this innovative initiative.
Project Promoter : Advantec Wheels Pvt Ltd
Products & Capacity : Wheel (200,000-units-per-annum)
Project Location : Jammu and Kashmir
Executive Summary : Advantec Wheels Pvt Ltd is spearheading the establishment of a new wheel manufacturing plant in Jammu & Kashmir. Slated for Q1 FY2025, the project boasts a capacity of 200,000 units per annum and involves a substantial investment of Rs.1000 million. Despite 60% of the planned capital already being invested, the company exclusively relies on bank debt for funding. As of December 2023, pre-project activities are underway, laying the groundwork for a phased capital infusion as Advantec Wheels Pvt Ltd progresses and matures in its operations.