Rajshree Polypack's joint venture Olive Ecopak Private Limited has obtained a large-scale export order of USD 0.16 million (around ₹1.33 crore). This is a pivotal moment for the company's sustainable packaging business, which is now undertaking commercial production since earlier this year.
Important points:
The order is for delivering sustainable packaging solutions to the food service market
Delivery has to be made by June 2025
This transaction comes after Olive Ecopak's recent ramp-up in production, now producing more than 50 SKUs
The company is positioned to meet its revenue goal of ₹55-60 crore in FY 2025-26
Ramswaroop Thard, Rajshree Polypack's Chairman & MD, said, "This export order confirms our strategic investment in green packaging and sets Olive Ecopak up for faster growth in overseas markets."
The announcement follows Rajshree Polypack's ongoing expansion of its product range and global reach, with recent US-based distributor orders further enhancing its international presence.
Source: Based on Rajshree Polypack's regulatory filing and company reports