Ester Industries Ltd., a BSE &NSE listed company, is a leading manufacturer of Polyester Films, Specialty Polymers, and Engineering Plastic compounds. It has its corporate headquarters in Gurgaon, Haryana, while its state-of-the-art manufacturing facility is located at District Khatima, Uttarakhand. The company has over 30 years of experience in manufacturing world-class products such as oriented films, Engineering Plastics, and Specialty Polymers.
Ester Filmtech Limited has planned to set up an advanced polyester film manufacturing facility in the State of Telangana. The total investment of the entire project is approximately INR 1350 crores in three phases.
Implementation of the first phase is scheduled to be completed by the third quarter of the calendar year 2022. This project will create direct employment potential for about 800 people. The end products of the proposed unit will find its applications in the packaging material and will help to contribute towards strengthening the value chain of the flexible packaging industry.
The Company proposes to export 30-40% of its production, which will help to establish Telangana’s footprint on the global flexible packaging map.
Mr. Arvind Singhania, Chairman stated that Ester Filmtech Limited has chosen Telangana state due to industry-friendly policies and growth-oriented approach of the visionary Hon’ble CM Sri K. Chandrashekhar Rao & Minister for Industries & IT Sri KT Rama Rao. As compared to other states, Telangana is far ahead in respect of investment-friendly climate, ease of doing business, industry-friendly policies like TS-iPASS, T-IDEA, etc.
Minister KT Rama Rao welcomed Ester Industries to Telangana and assured all possible support from the state government in getting the plant commissioned at the earliest.
