PVC pipes and fittings at subsidised rates to affordable housing schemes by Finolex Industries

Finolex Industries, one of India’s largest PVC pipes and fittings manufacturer, has announced that it will support the Prime Minister vision of ‘Housing For All.’ All new construction that comes within the category of affordable or low-cost housing, which is approved by the Government of India under the ‘Pradhan Mantri Awas Yojana’ will be offered plumbing and sanitation solutions of PVC pipes and fittings at subsidised rates by Finolex Industries. This initiative was announced at the CREDAI – National Executive Meeting & Governing Council (ECGC) President’s Conclave at Pune.  Prakash Chhabria, Executive Chairman, Finolex Industries, says, “Our endeavour is to lead from the front in finding solutions to challenges faced by the industry and augmenting the growth of the sector. The real-estate sector in the growing Indian economy has myriad opportunities to create a win-win scenario and smart environment for all stakeholders. With increasing urbanisation, trend of mega-township and affordable housing is the need of the hour. Pipes and fittings are like the arteries and veins of the wall, and are important to maintain sanitation and health of a building. We will offer PVC pipes and fittings at subsidised rates to affordable housing schemes under the ‘Housing for All by 2022’ vision.” Further, Nitin Kulkarni, President-Sales and Marketing, Finolex Industries, cited that the scheme for subsidised rates under the affordable housing plan is being worked upon internally and will be presented to CREDAI national shortly.