EPACK DURABLE LIMITED : EXPANDS MANUFACTURING CAPABILITIES WITH RS 1,084.31 CR INVESTMENT IN ANDHRA PRADESH

• Government approves tailor-made incentives for combined proposed investment of ₹1,084.31 Crore by EPACK Durable Limited and its wholly-owned subsidiary • Approval includes allotment of 36.41 acres of land and capital subsidy under Andhra Pradesh Electronics Manufacturing Policy (4.0) • Proposed investment by EPACK Durable is ₹314.31 crore and by subsidiary EMTPL is ₹770 Crore • Investments aimed at expanding manufacturing capabilities for room air conditioners, components, small domestic appliances, washing machines, televisions and other home appliances • Allotted 36.41 acres of land at ₹60 Lakh per acre and a 50% capital subsidy on eligible fixed capital investment • Expected to generate employment of around 1,600 jobs in the state

EPACK Durable Limited

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