January 25: Poland-based canmaking firm Can-Pack has revealed that the location of its first beverage can plant in India will be in the Maharashtra Industrial Development Corporation industrial area at Waluj in Aurangabad district.
This week subsidiary Can-Pack India signed a memorandum of understanding with Maharashtra Government for the plant which will cost Rs750 crore (US$193m). First announced last November, the project is for one line with a 900 million capacity and scope for expansion.
It is the third beverage can plant project in India, following plans by Ball Corporation to also build a plant at Aurangabad. Rexam is already manufacturing cans at its plant near Mumbai.
Can-Pack’s management board recently approved an expansion plan to strengthen its position in Europe and the Middle East with significant capacity increases.