Pincon Spirit is going to set up two new plant in West Bengal at a total cost of about Rs 50 crore.
Arup Thakur, CFO of the company has said that will see cost benefits of setting up captive polyethylene terephthalate (PET) bottle plant.
PET bottling plant will be operational in six months.
Pincon Spirit is going to maintain debt-to-equity ratio below 2.