Latest news with #Dhanuka
Time of India
19-06-2025
- Business
- Time of India
Dhunseri to invest Rs 1k cr in Panagarh for 2 production lines
Kolkata: Dhunseri Group will invest Rs 1,000 crore in Panagarh, through Dhunseri Polyfilms. Group chairman CK Dhanuka said the company was planning to set up at least two more lines in Panagarh: its first BOPET (Biaxially Oriented Polyethylene Terephthalate) and a BOPP (Biaxially Oriented Polypropylene). The films produced by these lines are mainly used for food and non-food packaging. Dhunseri already has a BOPP production line in Panagarh. Both these lines are expected to be online by 2029, said Dhanuka. The expansion will be put up in the next board meeting for approval by Aug. The capital expenditure on these two lines is expected to be financed with a debt-to-equity ratio of 70:30. "The lines are expected to be commissioned by March 2027. With the fresh expansion plan, DPFPL's installed capacity by the end of 2029 will be about 120,000 tonne for BOPET films and 210,000 tonne for BOPP films," added Dhanuka. Dhunseri has its Panagarh plant at WBIDC industrial park. It also conducted a stone-laying ceremony for two BOPP plants in Jammu's Kathua earlier this month. The company also has a PET resin plant in Haldia through a joint venture with the Indo Rama Group. The JV also has plants in Egypt and Panipat.
Time of India
19-06-2025
- Business
- Time of India
Dhunseri group to build two more poly film units in West Bengal with Rs 1000 crore
Kolkata: Dhunseri Poly Films , a wholly-owned subsidiary of Dhunseri Ventures , plans to set up two polyester films units in West Bengal with a projected investment of Rs 1000 crore, Dhunseri group chairman Chandra Kumar Dhanuka said. The company has one existing poly film making unit in Panagarh Industrial Park in Bardhaman district, 150 km from Kolkata. It became operational in 2024. The proposed units will be set up at the same industrial park. The fresh plan includes one greenfield unit to produce BoPET (biaxially oriented polyethylene terephthalate) -- a polyester film made from stretched polyethylene terephthalate and another unit to produce BOPP (bi-axially oriented polypropylene) which is used in the packaging industry. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Kulkas yang belum Terjual dengan Harga Termurah (Lihat harga) Cari Sekarang Undo "Capex of these two lines are likely to be financed with a 70:30 debt equity ratio and be commissioned by FY29," Dhanuka said. The units in Jammu are expected to be commissioned by March 2027, he said. Live Events
Time of India
18-05-2025
- Business
- Time of India
‘Chalo Kashmir': Kol travel cos unite in ‘aptest response' to terror
Kolkata: Around 100 travel companies in Kolkata have come together to support an initiative that aims to revive J&K's tourism. The ' Chalo Kashmir ' initiative — spearheaded by Travel Agents' Association of India (TAAI) — aims to put forward a bold statement against the April 22 Pahalgam terror attack, considered by many as an attempt to hit the Valley's economy. Encouraging tourists to return would effectively counter terrorism, feel industry leaders. The initiative has already been seeing positive response from tourists. These Kolkata travel agencies collectively manage about 4 lakh domestic tourists annually, with 40,000 visiting J&K. Following last month's terror attack, J&K has seen a 90%-95% decline in tourism earnings, with Srinagar's Dal Lake alone reporting an 80% reduction in tourist activity. "As a leader and custodian of India's tourism sector, TAAI stands committed to supporting the people and the economy of J&K, where tourism is the primary source of livelihood. The need of the hour is to reignite tourism in the Valley, which remains one of the most iconic and culturally rich destinations in India," said Anjani Dhanuka, TAAI chairman (East). Dhanuka went on to say: "While recent disturbances may have created concerns, they cannot overshadow the timeless allure of Kashmir. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Tukarkan Bitcoin dan Ethereum - Tanpa Dompet Diperlukan! IC Markets MULAI SEKARANG Undo An incident aimed to cause chaos and disturbance cannot steal away the glory of the region. Tourism has long been a harbinger of peace. By encouraging people to travel to J&K, we are not only supporting livelihoods but also reinforcing a message of resilience, unity, and hope." TAAI, the oldest and largest travel association in the country, has activated its network to reach out to potential tourists through engagement and social media campaigns. Its members have also contacted J&K CM Omar Abdullah, seeking enhanced security measures for visitors. J&K typically welcomes 2.5 crore tourists annually — split equally between pilgrims and leisure travellers. Of this, Bengal contributes approximately 30 lakh tourists, most of them on leisure trips. TAAI national executive committee member Manav Soni said that encouraging tourist return would effectively counter the Pahalgam carnage. "India, a beacon of secularism and one of the world's fastest-growing economies, must stand united when a region's tourism potential is threatened. As an industry leader, TAAI cannot stay silent," said Soni. Some tourists have already decided to respond. "I understand terrorism impacts local livelihood and local economy the most. I cancelled my 10-day trip to Kashmir in the last week of April following the terror attack. If I can manage leaves, I would love to go for the trip," said Salt Lake resident Madhura Bagchi. "Hotels that were once fully booked now are vacant. Tourists are suddenly afraid of locals in Kashmir... We just want the situation to ease at the earliest," said Dinesh Bhatter, a Kashmir travel specialist.
