Visaka Industries to invest Rs 1.20 bn in Bengal fibre board plant
Cement

Visaka Industries to invest Rs 1.20 bn in Bengal fibre board plant

Building materials solutions company Visaka Industries will invest Rs 1.20 billion in setting up a sustainable fibre cement boards plant in Paschim Medinipur district of West Bengal.

This will be Visaka's fifth fibre cement boards plant and the first such unit in the state. The company has another plant in the same district for cement roof sheets. The company is expanding capacity as fibre cement board has high demand. The new factory will have a manufacturing capacity of 72,000 metres and it will be powered by an in-house solar roof. The company will start work on the new project at the earliest.

“With this investment, we are choosing to expand our manufacturing capacity. The market would be not only in West Bengal but also for other states of East India, in response to rising demand for eco-friendly construction materials,” Visaka Industries joint managing director Vamsi Gaddam said.

The plant is expected to create job opportunities for 500 people in the area.

The company claimed that the Vnext board, which is India's largest selling brand of fibre cement boards, is a sustainable product and has already helped save over 5,00,000 trees.

See also:
Century Ply plans to invest Rs 9 billion for capacity expansion
What led to a month-long break for ceramic tile manufacturers?


Building materials solutions company Visaka Industries will invest Rs 1.20 billion in setting up a sustainable fibre cement boards plant in Paschim Medinipur district of West Bengal. This will be Visaka's fifth fibre cement boards plant and the first such unit in the state. The company has another plant in the same district for cement roof sheets. The company is expanding capacity as fibre cement board has high demand. The new factory will have a manufacturing capacity of 72,000 metres and it will be powered by an in-house solar roof. The company will start work on the new project at the earliest. “With this investment, we are choosing to expand our manufacturing capacity. The market would be not only in West Bengal but also for other states of East India, in response to rising demand for eco-friendly construction materials,” Visaka Industries joint managing director Vamsi Gaddam said. The plant is expected to create job opportunities for 500 people in the area. The company claimed that the Vnext board, which is India's largest selling brand of fibre cement boards, is a sustainable product and has already helped save over 5,00,000 trees. See also: Century Ply plans to invest Rs 9 billion for capacity expansionWhat led to a month-long break for ceramic tile manufacturers?

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?