Operations & Projects
EPACK Durable Receives Andhra Pradesh Government Approval for Incentive Package and Land Allotment
NSE
EPACK
BSE
544095
EPACK Durable Limited has received a Government Order from the Government of Andhra Pradesh approving a tailor-made incentive package under the state’s Mega Category Electronics Manufacturing Policy 4.0. The approval includes allotment of 36.41 acres of land, capital subsidy eligibility, and other investment-linked incentives for its proposed manufacturing expansion.
PRICE-SENSITIVE TRIGGER
Event: Government of Andhra Pradesh approves incentive package and land allotment for EPACK Durable’s proposed investment.
Type: Operations & Projects
Impact: Positive
Immediate Effect:Â The company has secured government approval for incentives supporting its proposed electronics manufacturing expansion, including land allotment and eligibility for capital subsidies.
Key Metrics:
- Company Proposed Investment: Approximately ₹314.31 crore
- Combined Investment (EPACK + EMTPL): Approximately ₹1,084.31 crore
- Land Allotted: 36.41 acres
- Land Allotment Rate: ₹60 lakh per acre
- Capital Subsidy: 50% subsidy on Eligible Fixed Capital Investment (subject to policy conditions)
Highlight:
- Combined Investment Supported by Government Incentives: ₹1,084.31 crore
What Happened ?
EPACK Durable Limited informed the stock exchanges that it has received Government Order (G.O.MS. No. 49) dated June 29, 2026, from the Government of Andhra Pradesh.
The order grants approval for a tailor-made incentive package under the Mega Category of the Andhra Pradesh Electronics Manufacturing Policy (4.0) for the combined investments proposed by EPACK Durable and its wholly owned subsidiary, EPACK Manufacturing Technologies Private Limited (EMTPL).
The incentives include allotment of industrial land, capital subsidy on eligible investments, extension of incentives for eligible investments already made in Sri City after November 2024, and other policy-linked benefits.
Key Details
Government Incentive Package:
- Government of Andhra Pradesh approved a tailor-made incentive package under Electronics Manufacturing Policy 4.0.
- EPACK Durable will receive 36.41 acres of land for its proposed air conditioner, components and small domestic appliances manufacturing facility.
- Land has been allotted at ₹60 lakh per acre.
- Eligible for 50% capital subsidy on the Eligible Fixed Capital Investment of the approved project.
- Incentives also cover investments already made in Sri City after November 2024, subject to policy provisions.
- The proposal relates to the combined investments of EPACK Durable and its wholly owned subsidiary EMTPL.
- The company will undertake necessary actions to implement the Government Order.
Note:
- The company stated that while the incentives have been approved, the financial benefit will accrue progressively and cannot be quantified at this stage.
Risk Analysis
Summary:
- The approval significantly strengthens the project’s economics, but realization of benefits depends on execution milestones and compliance with the Andhra Pradesh Electronics Manufacturing Policy.
Key Risks:
- Incentives remain subject to policy conditions and eligibility criteria.
- Financial benefits will accrue over the implementation period rather than immediately.
- Execution delays could postpone realization of government support.
- Actual subsidy realization depends on successful completion of eligible capital investments.
Worst Case:
- If project execution is delayed or policy conditions are not fulfilled, the company may receive lower-than-expected incentives or experience delays in realizing the approved benefits.
Risk Level: Low
Company Commentary
- The Government of Andhra Pradesh has approved a tailor-made incentive package for the proposed investments.
- The package includes land allotment, capital subsidy and other incentives under the Electronics Manufacturing Policy 4.0.
- The financial impact, if any, will accrue progressively and is presently not ascertainable.
- The company has taken note of the Government Order and will take necessary actions in due course.
Official Exchange Filing: EPACK Durable Limited
