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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
Shree Rama Multi-Tech
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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

  • 2026-09-22 · Edited before publication: Style: the amount must be given in USD with the original in brackets, not the reverse, and crore tube counts should be stated in millions for this readership. Conversion at INR 95.82 checks out (Rs 20 crore = USD 2.1m). Facts otherwise grounded.