Jubilant Agri and Consumer Products to invest Rs 50 crore in new industrial polymer facility in Gujarat
Jubilant Agri and Consumer Products Limited is setting up a new industrial polymer manufacturing facility in Savli near Vadodara, Gujarat, with an investment of Rs 50 crore. This expansion aims to increase production capacity of industrial polymers used in latexes and adhesives, boosting their presence in western India and creating local employment.
Jubilant Agri and Consumer Products Limited (JACPL), part of the Jubilant Bhartia Group, announced plans to establish a new industrial polymer manufacturing facility in Savli, near Vadodara, Gujarat, investing approximately Rs 50 crore. The new facility will augment JACPL’s existing latex manufacturing capabilities and expand their industrial polymer production capacity, focusing on diverse latexes and adhesives. This strategic move strengthens JACPL’s foothold in Gujarat and the western region of India, aligning with its long-term growth strategy and the government’s ‘Make in India’ initiative. Mohandeep Singh, CEO & Whole-Time Director, emphasized Gujarat’s strong market potential, skilled workforce, and conducive business environment as key reasons for the investment. The expansion is expected to generate local employment and foster economic growth in the region. Currently, JACPL operates eight manufacturing units and two R&D centers across India; the new Savli facility will particularly enhance its Performance Polymers and Chemicals segment and support capacity expansion near key consumption centers. This initiative highlights JACPL’s commitment to regional industrial development and increased self-reliance in polymer manufacturing.
