Shree Rama Multi-Tech

Shree Rama Multi-Tech starts up USD 2.1m tubing line in Gujarat

Shree Rama Multi-Tech began commercial production on a new tubing machine at its Moti-Bhoyan plant in Gujarat on 21 September 2026, adding 11.5m tubes a month and lifting total capacity to about 88.5m tubes a month. The USD 2.1m (Rs 20 crore) investment is funded entirely from internal accruals, with full capacity targeted for the third quarter of FY2026-27.

Why this mattersThe debt-free expansion at near-full utilisation signals sustained demand growth in India's regulated pharmaceutical tube packaging niche.

• Commercial production began on 21 September 2026 at the Moti-Bhoyan plant, Gandhinagar district, Gujarat
• The new machine adds 11.5m tubes a month, lifting capacity from 77m to about 88.5m tubes a month
• The USD 2.1m (Rs 20 crore) investment is funded entirely from internal accruals, with no external debt
• Capacity utilisation stood at 90% before the expansion
• Full capacity operationalisation is targeted for the third quarter of FY2026-27
• The company makes lamitubes, tube laminates and multilayer films for pharmaceutical and personal care packaging

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