Yash Pakka Ltd., a provider of packaging solutions, has been listed on the Bombay Stock Exchange (BSE) since 1992. However, the company has now made its debut on the National Stock Exchange (NSE) with a new name, “Pakka Ltd.,” in order to expand its investor base. Read More Business News on our website.
Pakka Ltd. specializes in offering regenerative packaging for quick-service restaurants (QSRs), food carry services, and food service providers. The company has recently announced plans to invest ₹550 crore in expanding its Ayodhya unit. The expanded facility is projected to become operational by 2025, according to Ved Krishna, the vice chairman of Pakka Ltd.
Additionally, Pakka Ltd. has revealed its intentions to establish a production facility in Guatemala, North America, with an investment of $250 million. This new unit, anticipated to start operating in 2027, will have a daily production capacity of 400 tonnes. According to Mr. Krishna, it will be the largest compostable flexible packaging and molded fiber facility globally, utilizing bagasse fiber as its base material.
The company has been dedicated to developing and supplying compostable packaging solutions as an eco-friendly alternative to single-use plastic. In line with its commitment to sustainable practices, Pakka Ltd. aims to expand its reach worldwide and increase its manufacturing capacity by implementing a comprehensive go-to-market strategy, as stated by Jagdeep Hira, the Managing Director of Pakka Ltd.