LEAP India sets up two subsidiaries for plastics and pooling
LEAP India has incorporated two wholly owned subsidiaries, Vimprotech Private Limited and Total International Packaging Solutions Private Limited, with a combined cash investment of USD 0.59m (INR 56.8m). Vimprotech will make vacuum-formed and injection-moulded plastics products, while Total International Packaging Solutions will run returnable packaging pooling for the automotive, electronics and consumer durables sectors.
Why this mattersA returnable-packaging pooler moving into in-house specialised plastics manufacturing signals vertical integration in India's growing pooling and logistics packaging market.
- Combined investment across the two new entities is USD 0.59m (INR 56.8m) in cash
- Vimprotech Private Limited was incorporated on 1 October 2026 with USD 0.42m (INR 40.3m) for 4.03m equity shares
- Total International Packaging Solutions Private Limited was set up with USD 0.17m (INR 16.5m) for 1.65m equity shares
- LEAP India's board approved the move on 29 September 2026
- Vimprotech will focus on specialised vacuum-formed and injection-moulded plastics manufacturing
- Total International Packaging Solutions will pool returnable packaging for the automotive, electronics and consumer durables sectors
Sources
whalesbook.com