Manjushree Technopack bets big on inorganic growth, eyes acquisitions

"We are more aggressive than earlier, and we see the Covid-19 crisis as an opportunity to grab some businesses that make sense to us," said Sanjay Kapote, CEO, MTL

Plastic packaging company Manjushree Technopack Ltd (MTL) is betting big on inorganic growth plans as the Advent International-backed firm aims to treble the revenue to around Rs 3,000 crore over the next three years.

The Bengaluru-headquartered company, which caters to multiple consumer goods companies, including Reckitt Benckiser, Procter & Gamble, Nestle and Coca-Cola, says acquisitions will play a big role in its business expansion plan and also help it achieve revenue targets, by 2024.

“We are more aggressive than earlier, and we see the Covid-19 crisis as an opportunity to grab some businesses that make sense to us,” said Sanjay