Jain Irrigation to complete MIS capacity expansion by January

Jalgaon-based Jain Irrigation Systems (JISL) will wrap up the 40% capacity addition in micro-irrigation systems (MIS) in two months, said managing director Anil Jain.

The company has lined up a capex of Rs400 crore for this fiscal, of which Rs160-170 crore is for MIS.

“The expansion will mostly be at our Jalgaon facility and also in Udumalpet (in Tamil Nadu),” Jain said. JISL has one more plant in Hyderabad for MIS, which is divided into drip and sprinkler irrigation.

Jain said it would be difficult to specify the capacity post expansion. “There are different things we make for MIS and it keeps changing so it’s not possible to put a number to the capacity in terms of tonnage,” he said.

Other than MIS, JISL is adding 25,000 tonnes of mango pulp-processing capacity, taking it to 80,000 tonnes per annum (tpa). JISL is the world’s third biggest processor of mangoes and the second biggest producer of dehydrated onions. It also processes other fruits like banana and papaya.

JISL last week acquired an 80% stake in UK-based Sleaford Quality Foods, its second buy in the food processing space.
JISL will also by March take its PVC pipe capacity to 150,000 tonnes, an addition of 25%.

MIS accounts for half of JISL’s revenues, with PVC pipes and food processing contributing 29% and 15%, respectively.

Categories: JALGAON NEWS