Skipper Limited has approved a capex plan for capacity expansion of its engineering products division. Existing capacity is 265,000 MTPA for engineering products; existing capacity utilization around 90%; proposed capacity addition of 35,000 MTPA (approx); period within which the proposed capacity is to be added is in phases, over a period of one year; investment required - INR 350 million to INR 400 million (approx); mode of financing: Partly debt and partly by internal accruals. The company proposes to increase the capacity to serve the increasing demands of the products of the company.