Three M Paper Boards Plans Capacity Expansion Amid Growing Demand for Eco-Friendly Paper Products
Three M Paper Boards Expands Capacity
Three M Paper Boards is making waves in the industry with its recent announcement of capacity expansion to address the *growing demand* for eco-friendly paper products. The company is allocating ₹14 crore for capital expenditures to enhance its factory's storage capacity, ultimately supporting more efficient production.
Investment Breakdown:
- ₹10 crore for working capital
- ₹7 crore for debt repayment
This move not only solidifies Three M Paper Boards' position in the market but also aligns with global sustainability trends.
IPO Insights and Market Implications
The company's recent IPO further underscores the growing interest in the ecological segment, indicating a promising future for investors and stakeholders.
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