Essel Propack, the Subhash Chandra-promoted Essel group flagship company, has chalked out an aggressive $120 million expansion plan in the overseas markets.
The laminated tubes manufacturing company is exploring the option of setting up new units in the US, in Africa and in China.
The company already has a manufacturing unit at Egypt, at North Virginia in the US and three manufacturing units in China, while a fourth is in the process of being set up.
Cyrus Bagwadia, managing director and CEO of Essel Propack, said,