Mumbai, May 20 -- The company has been recognised as a "Large Category" manufacturing unit under the Electronics System Design & Manufacturing (ESDM) thrust sector category.

Under the approved incentives, EPACK Durable will receive a turnover-linked incentive at an effective rate of 1.32% of eligible net sales turnover for 10 years. The package also includes 100% electricity duty exemption for seven years and reimbursement of 50% of eligible skilling and training expenditure.

The incentives are applicable for the company's Bhiwadi facility with effect from 15 February 2022 and are subject to scheme provisions, annual ceilings and claim approvals.

The company said the incentives are expected to improve long-term manufacturing competitiv...