Chemco, an Indian rigid and flexible plastic packaging company, has announced an investment to enhance its rigid packaging production capacity in Bahrain.
This marks the company's third expansion in the country since its initial move to establish a factory at Bahrain International Investment Park (BIIP) in 2013.
The investment will fund the installation of fully automated production lines, catering to the increasing demand within Bahrain's fast-moving consumer goods sector.
Since its inception in India in 1980, Chemco has grown to offer a broad range of packaging solutions, including secondary and tertiary packaging services.
The company has committed to sustainability, incorporating recycling initiatives and ensuring traceability in its environmentally responsible packaging solutions.
Chemco operates ten manufacturing plants in India and the Middle East, processing more than 1,250,000 tons (t) of plastic polymers annually.
Chemco managing director Gaurav Saraogi said: "We are excited to expand our operations and production capabilities in Bahrain, where the business environment offers unmatched opportunities for growth and a supportive ecosystem for investors.
"Bahrain has proven to be a strategic partner in driving our success, with its streamlined processes, ease of doing business, and commitment to working towards a carbon-neutral economy which aligns with Chemco's long-term objectives of deeply ingraining sustainability principles across all operations to pave the way for a greener future."
The expansion is part of a broader trend of Indian investment in Bahrain, with Chemco being one of three Indian companies across various sectors, including manufacturing, renewable energy, and ICT to invest a combined $16.65m in the country.
This current investment was highlighted by the Bahrain Economic Development Board during its week-long visit to the key Indian cities of Mumbai, Bengaluru, and Chennai.