Netherland's Wavin buys Hyderabad Dura-Line manufacturing facility
Dura-Line is a part of Orbia and manufacturer of high-density polyethylene (HDPE) pipes and fittings.
Wavin has acquired the plant having an area of 41,250 sq metre with 96 employees working there. Although Wavin has manufacturing plants abroad, it will be its first manufacturing plant in India.
Freek Crum, President at Wavin, said that the acquisition of the Dura-Line manufacturing plant is a big step on its global expansion journey, as well as responding towards India's infrastructure and environmental needs.
The company will produce Wavin's products in the Hyderabad facility, which has a production capacity of 14,500 MT per annum, to cater Indian market.
With this, the company supports its commitment to the Indian government's initiative 'Make in India' and will deploy its newest solutions and technologies in the crucial market growth within India through Asia-Pacific, Wavin said.
Wavin re-entered the Indian market in 2020 and is betting in the market here. The Indian market, with its potential growth in infrastructure, makes it one of the most prioritised markets for Wavin globally.
Crum said that the company is progressing according to its plan of building local manufacturing capacity in India.
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