Manjushree Technopack Limited is India's largest rigid plastic packaging company. MTL has a large converting capacity of over 1,75,000 MT of PET, HDPE, PP grade plastics in bottles, containers, and PET preforms per annum, with an estimated revenue of Rs.1,100 billion. It is based in

Bangalore Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...

History

Manjushree was founded by Vimal Kedia and Surendra Kedia in 1983. In 2018,

Advent International Advent International is a global private equity firm focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, growth and strategic restructuring in five core ...

acquired 77% stake of the company.Advent International Invests in Manjushree Technopack
WSJ. Backed by a strong managing team the company today caters to rigid packaging requirements of the top 500 MNCs across the globe. The industries they serve are - FMCG industry verticals ranging from dairy to liquor, food products, agrochemicals, pharma, home care, and personal care. Manjushree has nine manufacturing plants located in

Amritsar Amritsar (), historically also known as Rāmdāspur and colloquially as ''Ambarsar'', is the second largest city in the Indian state of Punjab, after Ludhiana. It is a major cultural, transportation and economic centre, located in the Maj ...

Baddi Baddi is an industrial town and Nagar parishad in the southwestern Solan district of Himachal Pradesh, India. The town lies on the border of Himachal Pradesh and Haryana states in the Shivalik Hills, around 35 kilometres west of Solan town. ...

Pantnagar Pantnagar is a town and a university campus in Udham Singh Nagar district, Uttarakhand. Nainital, Kashipur, Rudrapur and Kiccha, Haldwani are the major cities surrounding Pantnagar. The town is home to the first agricultural university of ...

Guwahati Guwahati (, ; formerly rendered Gauhati, ) is the biggest city of the Indian state of Assam and also the largest metropolis in northeastern India. Dispur, the capital of Assam, is in the circuit city region located within Guwahati and is the ...

Manesar Manesar is a town and municipal corporation, know new Gurugram City in the Gurugram district of the state of Haryana, India and a part of the National Capital Region (NCR) of Delhi. It is an industrial hub. Its proximity to the burgeoning ...

Silvassa Silvassa ( Indo-Portuguese; ''Vila de Paço d'Arcos'') is a city and municipality in western India, and the headquarters of the Dadra and Nagar Haveli district. It was a part of the former Portuguese Goa and Damaon, and is today the largest c ...

and two plants in

Karnataka Karnataka (; ISO: , , also known as Karunāḍu) is a state in the southwestern region of India. It was formed on 1 November 1956, with the passage of the States Reorganisation Act. Originally known as Mysore State , it was renamed ''Kar ...

. In June 2020, they commissioned their first recycling plant in Bidadi,

Latest Update

Manjushree recently acquired the B2B business of Pearl Polymers Ltd., through a Business Transfer Agreement. The deal is subject to customary approvals from regulatory authorities in India and is expected to close once regulatory approvals are in place. Pearl Polymers is a leading container player with a pan India footprint and marquee clientele in FMCG, Pharma, Liquor segments, and many more. On completion of this transfer, Manjushree will acquire four of Pearl Polymers manufacturing units.

Services

Manjushree offers comprehensive packaging services, starting from designing sustainable packaging to offering a quick time-to-market. They offer a wide range of catalog design selections in bottles and containers. Manjushree also has an extensive range of promotional packaging designs with a white labeling option.

References

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External links

Indian brands Indian companies established in 1983 Companies based in Bangalore 1983 establishments in Karnataka Packaging companies of India