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Portfolio & StrategyOperations & Footprint 1 Oct 2026

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
LEAP India
Sources whalesbook.com
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-04 · Edited before publication: Grounded, but the rupee amounts carried no USD conversion. Converted at USD 1 = INR 96.32 (INR 56.8m = USD 0.59m; INR 40.3m = USD 0.42m; INR 16.5m = USD 0.17m) and the combined figure moved to the top so the reader sees the scale first.