Cosmo Films Korea Limited, a fully owned subsidiary of the company, is transferring its Thermal Lamination Films production line to India. This line will be set up at the company’s current facility in SEZ, Shendra, Aurangabad, alongside existing thermal lamination films production lines.
The relocated production line is expected to be operational by the second quarter of FY24-25. This move aims to enhance cost efficiency and improve overall capacity utilization. As reported by EQUITY BULLS, following the relocation, Cosmo Films Korea Limited will focus on marketing, sales, and distribution in Korea, representing the products manufactured in India.
