EPACK Durable gets Andhra Pradesh approval for Rs 1,084.31 crore investment

What EPACK Durable announced

On 1 July 2026 EPACK Durable Limited (BSE/NSE: 544095) disclosed that the Government of Andhra Pradesh has approved a tailor‑made incentive package under the Electronics Manufacturing Policy (EMP) 4.0. The approval covers a combined proposed investment of Rs 1,084.31 crore for EPACK Durable and its wholly‑owned subsidiary EPACK Manufacturing Technologies Private Limited (EMTPL). The announcement was filed with the stock exchanges under Regulation 30 (LODR) and is also posted on the company’s website.

Investment breakdown and incentives

• Investment split: EPACK Durable will invest Rs 314.31 crore, while EMTPL will invest Rs 770 crore.
• Land allocation: The state has allotted 36.41 acres of land to EPACK Durable at a price of Rs 60 lakh per acre for the new manufacturing facility.
• Capital subsidy: A 50 % subsidy on eligible fixed‑capital investment is granted for the combined outlay. The subsidy applies to new spend as well as to investments already made in Sri City after November 2024.
• Other benefits: The package extends additional incentives prescribed under EMP 4.0, subject to the policy’s eligibility criteria.

Project scope and employment impact

The approved investments are aimed at expanding EPACK’s manufacturing capabilities for a broad range of consumer durables, including:

• Room air conditioners
• Small domestic appliances (e.g., mixers, cooktops, air fryers)
• Large domestic appliances (e.g., washing machines, televisions)
• Components and ancillary products

The company expects the expansion to generate around 1,600 jobs in Andhra Pradesh, reinforcing the state’s position as a hub for electronics manufacturing.

Key facts at a glance

Why this matters for investors

The approval provides EPACK Durable with a clear policy‑driven roadmap for scaling its manufacturing footprint in South India. The land grant and 50 % capital subsidy lower the effective cash outlay, potentially improving the project’s return profile. By expanding capacity for air‑conditioners and a diversified appliance portfolio, the company aims to capture growing domestic demand and reduce reliance on imported components. The creation of 1,600 jobs also strengthens the company’s relationship with the state government, which could translate into smoother implementation of future incentives.

Investors should note that the incentives are contingent on meeting the policy’s eligibility criteria and on the actual disbursement of capital as the projects progress. No specific timeline for capital deployment or subsidy receipt was disclosed in the filing.

Conclusion

EPACK Durable has secured a substantial government‑backed incentive package for a Rs 1,084.31 crore expansion in Andhra Pradesh, including land, a 50 % capital subsidy and an estimated 1,600 new jobs. The announcement formalises the company’s long‑term capacity‑building strategy, but the realization of financial benefits will depend on the phased execution of the proposed investments.

"The approval from the Government of Andhra Pradesh is an important step in our long‑term manufacturing expansion plans," said Mr Ajay DD Singhania, Managing Director and CEO of EPACK Durable.