JK Paper Ltd has announced the approval of a capital investment plan worth up to ₹178 crore for the upgradation and rebuild of Paper Machine-3 at its Rajahmundry manufacturing facility. The project is expected to increase production capacity by an additional 60 tonnes per day (TPD), equivalent to a 60% incremental capacity boost.
Currently, the Rajahmundry unit operates at full capacity, producing 36,000 tonnes per annum. The upgrade is scheduled to be completed within an estimated 13 months. The investment will be funded through a combination of internal accruals and bank financing.
The company stated that this expansion aligns with its core operations and is aimed at meeting growing market demand for paper products. The upgraded machine will help JK Paper strengthen its production efficiency and support long-term growth in the paper industry.