India’s Dhunseri Ventures to Pump ₹2,240 Cr into Polyfilm Capacity Expansion by FY 2029

Dhunseri Poly Films, part of Dhunseri Ventures, is set to invest ₹2,240 Cr (~US $254 M) by FY 2028–29, adding BOPET and BOPP lines across West Bengal and Jammu—boosting installed capacity to ~330,000 t/year.

The Plan

• Capital outlay: ₹2,240 Cr (~US $254 M) announced for expansion by FY 2028–29.
  
• Two‐pronged execution:
  
  • Greenfield project in Kathua, Jammu: ₹1,000 Cr investment for two BOPP lines, targeted by Mar 2027.
    
  • Brownfield expansion at Panagarh, W Bengal: ₹1,000 Cr to install one BOPET and one BOPP line, to come online by FY 2029.
    

Capacity & Financing

• Target capacity by 2029: ~120,000 t of BOPET and ~210,000 t of BOPP annually.
  
• Current baseline: ~51,200 t of BOPET at Panagarh is already operational.
  
• Debt–equity: Balanced at ~70:30 across brownfield projects.
  

Strategic Impact

• Market positioning: Expansion aligns with rising demand in food, FMCG, and pharma packaging.
  
• Regional edge: Kathua investment capitalizes on regional incentives and improved logistics.
  
• Export potential: Projects also aim to serve neighboring markets including Nepal and Bangladesh 

Looking Ahead

• Execution timeline: Kathua lines by Mar 2027; Panagarh additions by FY 2029.
  
• Next steps: Board approval expected by Aug 2025 for Panagarh expansion
  
• Long‑term scope: This scale-up positions Dhunseri as a leading South Asian flexible‑films supplier, aligned with global packaging trends.
  

With ₹2,240 Cr in the pipeline, Dhunseri Ventures is accelerating its push into polyfilm production—leveraging greenfield growth and existing facilities to capture expansion in local and export packaging markets.