Fire disrupts production at Jindal factory in Nashik
As reported in WhatPackaging? magazine, a fire started at 1:00 AM on 21 May 2025 at the Jindal Poly Films plant in Igatpuri (near Nashik). It took more than 56 hours to bring it under control. This unfortunate incident has led to a shift in market dynamics for the packaging film industry.
02 Jun 2025 | By Prabhat Prakash
As per reports in the trade, the estimated damage is INR-2,000 crore, and 70% of the production has been halted at the factory. Jindal Poly Film contributes 25% of India’s packaging film capacity. The fire at the JPFL Films plant at Mundhegaon in Nashik district transpired on 21 May and continued to rage for a day and a half.
An industry analyst said, "The impact includes an estimated damage of INR-2,000 crore and a temporary plant shutdown ordered." The months of June and July will witness a supply chain disruption in high-demand sectors like FMCG, pharma, and eCcommerce. The analyst said, "While this incident is unfortunate for Jindal, it has led to a dramatic shift in market dynamics for the broader packaging film industry.”
As reported in WhatPackaging? magazine, a subsidiary of Jindal Poly Films Limited, JPFL Films Private Limited (JPFL Films), had announced an expansion of its capacity in Nashik. The company plans to add new BOPP (biaxially oriented polypropylene), PET (polyethylene terephthalate), and CPP (cast polypropylene) lines. This expansion will require a capital expenditure of more than INR 700 crore. The new lines are anticipated to be put into service within the next two to three years, significantly increasing JPFL Films' production capabilities in the region.
The status of the new investment is not known, since Jindal Poly Films cancelled the board meeting scheduled for 30 May 2025, due to the fire incident. This has affected financial results reporting.