Jumbo Bag Ltd

Summary

Incorporated as a private limited company in Nov.90, Jumbo Bag (JBL) was converted into a public limited company on 24 Oct.91. It was promoted by G Sudhakar, G P N Gupta, G V Chalapathi, G Muralidhar and G Radhakrishna.JBL entered into a technical collaboration with Structure Flex (SFL), UK, to supply know-how and technical information and assistance for mass production of jumbo bags.The company came out with a public issue in Jun.94 to finance the manufacture of flexible intermediate bulk containers. JBL set up a 100% EOU to manufacture flexible intermediate bulk containers (FIBC) (inst. cap. : 7 lac bags pa). Production, expected to commence in Oct.94, began only in Feb.95.During 1999-2000, the company has signed a long term agreement with a Japanese company for supply of hygiene bags which will help the company to establish its credentials for further... Read More