Ddev Plastiks Industries Commences Operations of New XLPE Manufacturing Unit in Rajasthan
Ddev Plastiks Industries Limited is set to enhance its production capabilities with the commencement of commercial operations at its new manufacturing facility. The company announced that the new unit, specializing in XLPE and allied products, began operations on April 28, 2026.The new unit is located in Bhiwandi, Rajasthan, marking a significant expansion for the company. It has an installed capacity of 48000 MTPA.
The key details regarding the new operational unit are summarized below:
| Parameter | Details |
|---|---|
| Nature of Unit | XLPE and allied products Manufacturing Unit |
| Location | Bhiwandi, Rajasthan |
| Date of Commencement | April 28, 2026 |
| Installed Capacity | 48000 MTPA |
| Investment Made | INR 80 Crores approximately |
The expansion is expected to play a crucial role in the company's growth trajectory. The commencement of the unit is anticipated to enhance the production capacity of XLPE, which is a niche product for the company. Furthermore, it is expected to enable expansion of the company's geographic presence and better cater to increasing customer demand.
Management estimates that the new unit will contribute to additional revenue generation of approximately Rs. 500 crores, subject to favorable market conditions and optimal capacity utilization.
DDEVPLSTIK Stock Price Movement
As of 11:34 AM, Ddev Plastiks Industries Limited shares are edging higher to ₹253.98, gaining ₹5.04 or 2.02% in live trading. The stock is showing strong momentum, fueled by a robust volume of 49,141 shares traded so far in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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