A building materials company plans to invest $150 million to achieve its goal of becoming a $1 billion company by 2028.
The managing director and CEO said, “Our focus has always been on delivering high-quality, sustainable building materials. We’ve introduced Organic Based Stabilizers (OBS) in UPVC pipe manufacturing—an industry first in India, eliminating heavy metals. We’ve doubled our AAC block capacity in Chennai to four lakh cubic meters per year, making it one of the country’s largest facilities. And marking our expansion into the home and interiors space, we intend to bring a global premium flooring brand to India."
The company recently underwent a rebranding exercise and has 32 manufacturing facilities across India and Europe.
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