350 crore on brownfield expansion and technology upgrade at its facilities this year, Somany said.
Out of this amount, Rs.150 crore will be invested at its plant at Rishra in Hooghly district, and Rs.200 crore in Chandigarh and Bahadurgarh in Haryana.
'The highlight of the year is the introduction of narrow neck press and blow technology, for the first time in India,' he said.
The company has set aside Rs.100 crore out of its Rs.350 crore investment in the three plants for introducing the technology.
'With the commercialisation of this technology, we will offer lighter container -- to the extent of 15-20 percent -- thereby reducing transportation cost and price per bottle, besides improved quality,' he said.