BirlaNu (previously known as HIL) plans to invest $150 million to achieve their goal of becoming $1 billion dollar company by 2028.
Akshat Seth, managing director and CEO of the company 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 our global premium flooring brand Parador to India." The company, part of CK Birla Group, recently went under the re-branding exercise. It has 32 manufacturing facilities across India and Europe.
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