Jalpac India

Jalpac India Limited is the cutting edge of the well diversified eighty five year old Jalan Group`s ambitious diversification efforts into the fast growing packaging and yarn sectors.Jalpac was founded in 1986 and has over the years grown into a $15 million company thus emerging as one of Indias largest manufacturer and exporter of metallized and coated films, paper, board and metallic yarn. Incorporated in 1986, Jalpac India was promoted by Jalan Industries. It went public in Nov.'88 to set up a project in Nainital, Uttar Pradesh and commercial production commenced in 1989. The company manufactures metallised polyester films and metallised paper / board. It is also into the manufacture of metallic yarn which is used in textiles as bordering zari (artificial zari). The company, in 1995, became the first metallising and coating company in India to get the ISO-9002 certificate from Bureau Veritas Quality International (BVQI). Company has installed Metallizer in plant at Haldwani with General Vacumm Equipment, U.K. in Jan-99, but it took longer time due to machines are not accordance with the contracted technical parameters. As a results project is still in trial run until all defect has been rectified. company's another Metallic Yarn project is more-or-less in place and desired capacity of 10 tones should be achieved shortly. During the year 1999-2000, due to the incurred net loss which has exceeded 50% of the peak net worth, the company has become a potentially sick company though the installation of the new metallizer resulted in a substantial growth in production and sales.