Time Technoplast Brings 6,000-Tonne Bhilad Plant Online at Rs 24 Crore
Time Technoplast has commissioned a packaging plant at Bhilad with a capacity of 6,000 tonnes, at a reported investment of Rs 24 crore. The development was reported by two outlets — InvestyWise on 17 September 2026 and Sahi on 18 September 2026 — and both outlets are consistent on the investment figure of Rs 24 crore and the capacity of 6,000 tonnes.
| Detail | Information |
|---|---|
| Project | Packaging Plant |
| Promoter | Time Technoplast |
| Location | Bhilad |
| Reported Capacity | 6,000 tonnes |
| Reported Investment | Rs 24 crore |
| Stage | Commissioned |
Plant Location and Sub-Sector Context
Bhilad is located in Valsad district, Gujarat — a state that figures prominently in plastic and plastic products manufacturing activity across India. Projects India tracks 362 live projects in the Plastic and Plastic Products sub-sector, of which Gujarat accounts for 52, ranking second nationally behind Maharashtra, which leads with 60 tracked projects. Andhra Pradesh follows with 35, Karnataka with 33, Madhya Pradesh with 28 and Odisha with 19.
Four projects were added to this sub-sector in the last 90 days, indicating a steady, if measured, pace of new activity being captured across the country.
Stage Breakdown Across the Sub-Sector
Of the 362 tracked projects in Plastic and Plastic Products, the largest cohort — 93 projects — is currently under approvals, followed closely by 92 projects where construction has started. A further 89 projects are recorded as completed, 26 are in planning, 19 have received approvals, and 17 are in the nearly completion stage.
The near-parity between projects under approvals and those where construction has started reflects a pipeline that is actively converting from regulatory clearance into on-ground activity. For suppliers and equipment providers, the 92 construction-stage projects represent the most immediately actionable demand, while the 93 projects under approvals signal the next wave of procurement requirements.
Among recently tracked projects in the sub-sector, Chemco Plastics Industries Private Limited is executing a Pet Preforms, Bottles and Jars project in Surat, Gujarat, valued at Rs 220 crore, with construction started. Lucro Plastecycle Private Limited is building a post-consumer plastic recycled granules and products manufacturing unit in Jagatsinghpur, Odisha, at Rs 100 crore, also with construction started. Autotech Sirmax India Private Limited has a Rs 100 crore engineering plastics and thermoplastic compounds manufacturing plant project at Hosur, Tamil Nadu, currently under approvals. These projects, alongside the Time Technoplast commissioning, illustrate the range of scale and geography across active plastic sector investment.
What this means for suppliers and contractors
The commissioning of the Bhilad plant marks a completed transaction in a sub-sector where procurement demand remains distributed across multiple states and project stages. Suppliers of packaging machinery, moulds, raw polymer inputs and ancillary processing equipment should note that Gujarat — home to this project — already hosts 52 tracked projects, making it one of the more active states for plastic sector supply chain engagement.
With 93 projects nationally sitting at the under-approvals stage, a significant volume of procurement decisions is likely to be formalised over coming months. Contractors with capacity in packaging plant fit-out, civil works or utilities installation may find the construction-stage cohort of 92 projects particularly relevant for near-term tendering. Live tenders across Industrial Projects can be monitored for emerging opportunities as approvals convert to construction awards.
The Savita Greentec plastic recycling project in Bharuch, Gujarat — valued at Rs 493 crore and currently on hold — represents the largest single value project in the recently tracked list, and its status will be of interest to larger contractors watching for a potential restart.
Broader Industrial Projects Pipeline
The Time Technoplast plant sits within the wider Industrial Projects sector tracked by Projects India, which spans manufacturing, processing and related infrastructure across India. The Plastic and Plastic Products sub-sector alone accounts for 362 live tracked projects, underscoring the depth of ongoing capital deployment in this segment.
Suppliers seeking a broader view of capital projects across all sectors can consult the full tracked projects database for opportunities beyond plastics and packaging.
Frequently asked questions
What is the capacity of Time Technoplast's new Bhilad plant?
The Bhilad packaging plant commissioned by Time Technoplast has a reported capacity of 6,000 tonnes. This figure was consistent across both outlets that reported the commissioning in September 2026, alongside a reported investment of Rs 24 crore.
How many plastic and plastic products projects are active in India?
Projects India tracks 362 live projects in the Plastic and Plastic Products sub-sector. Maharashtra leads with 60 tracked projects, followed by Gujarat with 52, Andhra Pradesh with 35, Karnataka with 33, Madhya Pradesh with 28 and Odisha with 19.
Where is Time Technoplast's new packaging plant located?
The newly commissioned packaging plant is located at Bhilad, which is in Valsad district, Gujarat. The plant has a 6,000-tonne capacity and was reported to have been commissioned in September 2026 at an investment of Rs 24 crore.
