Coimbatore, March 14:

Nilkamal Ltd, a player in the plastic-moulded furniture industry, plans to shed its image as a mere plastic products company and expects to ramp up its turnover in the next three years with equal contribution from its plastics division, material handling systems and home solutions stores.

The company’s injection-moulded and rotational-moulded plastic unit at Jammu, established at an investment of about Rs 35 crore, commenced operations last month. Mr Manish V. Parekh, Director, Nilkamal Ltd, said that it does not have any immediate plans to expand its manufacturing presence beyond Sri Lanka and Bangladesh where it has production facilities.

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