{"id":18665,"date":"2022-07-26T08:05:35","date_gmt":"2022-07-26T08:05:35","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers"},"modified":"2022-07-26T08:27:05","modified_gmt":"2022-07-26T08:27:05","slug":"mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers","title":{"rendered":"Mauritius-based PE firm invests \u20b9250 crore in Shriji Polymers"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>Malaysia-based private equity firm Creador, managing assets worth $1.5 billion, has invested \u20b9250 crore in Indian pharmaceutical packaging firm Shriji Polymers (India) Ltd.
\nShriji\u2019s product portfolio includes high-density poly ethylene bottles, polypropylene caps–both continuous thread and child resistant–and other speciality plastic products such as derma bottles, tablet applicators, dosing cards and self-administered metered dosing devices.
\nThe company’s manufacturing facilities are located in key markets across India, the US, and China. The deal signifies the interest of private equity players in this pharma allied industry of packaging, given India\u2019s cost advantage and policy makers\u2019 efforts to boost domestic manufacturing.<\/p>\n

\u201cWith this investment, Creador acquires what it called a ‘significant minority stake’ in the company, buying out existing domestic and international institutional investors through its affiliate Sundara (Mauritius) Ltd,” Anand Narayan, managing partner \u2013 Creador Advisors India LLP, said in a statement.
\nThe quantum of stake acquired was not detailed. This is also in line with Prime Minister Narendra Modi’s call for Atmanirbhar Bharat \u201cWe will continue to make significant investments in India supported by the recent government initiatives of ‘Make in India’ catering to domestic and exports,” Anand Bangur, founder and managing director of Shriji said.<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. Malaysia-based private equity firm Creador, managing assets worth $1.5 billion, has invested \u20b9250 crore in Indian pharmaceutical packaging firm Shriji Polymers (India) Ltd. Shriji\u2019s product portfolio includes high-density poly ethylene bottles, polypropylene caps–both continuous thread and child resistant–and other speciality plastic products such as derma bottles, tablet applicators, dosing cards and self-administered […]<\/p>\n","protected":false},"author":84,"featured_media":18664,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,245,241],"class_list":["post-18665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mauritius","tag-mauritius"],"yoast_head":"\nMauritius-based PE firm invests \u20b9250 crore in Shriji Polymers - Mauritius<\/title>\n<meta name=\"description\" content=\"Malaysia-based private equity firm Creador, managing assets worth $1.5 billion, has invested \u20b9250 crore in Indian pharma ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-\u20b9250-crore-in-shriji-polymers\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mauritius-based PE firm invests \u20b9250 crore in Shriji Polymers\" \/>\n<meta property=\"og:description\" content=\"Malaysia-based private equity firm Creador, managing assets worth $1.5 billion, has invested \u20b9250 crore in Indian pharma ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-\u20b9250-crore-in-shriji-polymers\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-26T08:05:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-26T08:27:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/07\/postQueueImg_20-62dfa5429ae8e.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"337\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Mauritius-based PE firm invests \u20b9250 crore in Shriji Polymers\",\"datePublished\":\"2022-07-26T08:05:35+00:00\",\"dateModified\":\"2022-07-26T08:27:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers\"},\"wordCount\":216,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2022\/07\/postQueueImg_20-62dfa5429ae8e.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/mauritius-based-pe-firm-invests-%e2%82%b9250-crore-in-shriji-polymers\",\"name\":\"Mauritius-based PE firm invests \u20b9250 crore in Shriji Polymers - 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