Registration of 19 of 40 acres completed for planned integrated recycling complex in Andhra Pradesh
The company said it has completed registration of 19 acres of land, out of a total 40-acre parcel in Andhra Pradesh.
By ScoutQuest · · 1 min read
- Land Registration Completed
- 19 acres of a total 40-acre parcel in Andhra Pradesh
- Remaining Land Due Diligence
- 21 acres at an advanced stage
- Expected Investment
- up to ₹250 crores over the next three years
Land registration completed
The company has completed the registration of 19 acres of land out of the total parcel of 40 acres in Andhra Pradesh, India. Due diligence for the remaining 21 acres of land is stated to be at an advanced stage. The transaction is undertaken pursuant to the approval granted by the Board of Directors at its meeting held on July 20, 2026.
What the land is for
The acquisition of the 40-acre land parcel forms part of the company's long-term strategic growth plan and business expansion strategy.
The company intends to establish a fully integrated complex comprising
- tyre recycling
- plastic recycling
- pyrolysis
- recovered Carbon Black (rCB)
Investment and timeline
The expected investment is up to ₹250 crores, over a period of the next three years.
Scale of the intended facility
The proposed facility is envisaged to be one of the largest integrated tyre and plastic recycling plants globally.
Points a reader can track
- Registration of 19 acres is complete; the remaining 21 acres is at the due diligence stage.
- The complex is described as an intended project, with an expected investment of up to ₹250 crores spread over the next three years.
- The land parcel for the planned complex is 40 acres in Andhra Pradesh.
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More numbers
- Land registered out of total parcel19 acres
- Total land parcel in Andhra Pradesh40-acres
- Land balance under due diligence21 acres
- Expected investment in the complex₹250 crores
- Investment periodnext three years
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