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calendar 5 June, 2026 15:39:20 IST

Elantas Beck India to invest Rs. 56-crore to expand Ankleshwar plant capacity

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Elantas Beck India Ltd., the Pune-based maker of speciality chemicals for the electrical insulation & construction industries and part of Germany’s Altana, has approved an investment of approximately Rs. 56-crore to expand manufacturing capacity at its plant in Ankleshwar, Gujarat. The investment will be funded entirely through internal accruals.

The company’s board cleared the proposal at its meeting on June 2, 2026. The expansion will add 11,000-mtpa to the plant’s existing capacity of 35,000-mtpa - a roughly 31% increase - and is scheduled for completion within 12 months, subject to regulatory approvals.

The company cited near-full utilisation of existing capacity at 90% as a key driver, with the expansion aimed at improving manufacturing flexibility, reducing operational bottlenecks and strengthening supply reliability across key product segments.

Elantas Beck India’s portfolio spans wire enamels, impregnating resins and varnishes, flexible electrical insulation materials, electronic compounds, specialty coatings and engineering materials. Its products serve the transportation, automotive, power generation and distribution, industrial systems, e-mobility, wind energy and consumer sectors.

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