SRF inaugurated a state-of-the-art aluminum foil manufacturing facility, named SRF Altech Limited, with a substantial investment of ₹536 crore. The establishment of the subsidiary signifies SRF’s strategic foray into the aluminum foil manufacturing sector. The operational status and setup of the subsidiary are in line with SRF’s overarching objectives of diversification and expansion.
As reported by New Projects Tracker, the significant investment underscores the promising potential of the aluminum foil market in India. The move not only consolidates SRF’s standing within the industry, but also underscores the company’s proactive approach to exploring new business avenues, positioning itself ahead in the competitive market landscape.
