+
Aliaxis India to Invest Rs 4 Bn in New Plants in Chennai and Hyderabad
ECONOMY & POLICY

Aliaxis India to Invest Rs 4 Bn in New Plants in Chennai and Hyderabad

Belgium-based Aliaxis’ Indian subsidiary, Ashirvad Pipes, is set to invest Rs 4 billion in establishing two new greenfield manufacturing facilities in Chennai and Hyderabad by FY27. This expansion is part of the company’s strategy to enhance its production capacity and strengthen its presence in India’s Rs 800 billion pipes, fittings, and water tanks industry.

Ashirvad Pipes currently holds a 12 per cent share in the organised sector and has a strong foothold in South India, where it commands a 50 per cent market share. With the planned expansion, the company aims to increase its national market share to 18 per cent by FY27.

The company is also targeting significant revenue growth, projecting an increase from Rs 65 billion in FY24 to Rs 90 billion by FY27. A key player in the CPVC pipes and water tanks segment, nearly half of its revenue is generated from CPVC products.

In addition to its expansion plans, Ashirvad Pipes has entered into a partnership with Jadavpur University to support research in new molecule development. Currently, India accounts for 17 of Aliaxis’ global revenue, highlighting the country’s importance in the company’s overall growth strategy.

News source: Newsonprojects

Belgium-based Aliaxis’ Indian subsidiary, Ashirvad Pipes, is set to invest Rs 4 billion in establishing two new greenfield manufacturing facilities in Chennai and Hyderabad by FY27. This expansion is part of the company’s strategy to enhance its production capacity and strengthen its presence in India’s Rs 800 billion pipes, fittings, and water tanks industry. Ashirvad Pipes currently holds a 12 per cent share in the organised sector and has a strong foothold in South India, where it commands a 50 per cent market share. With the planned expansion, the company aims to increase its national market share to 18 per cent by FY27. The company is also targeting significant revenue growth, projecting an increase from Rs 65 billion in FY24 to Rs 90 billion by FY27. A key player in the CPVC pipes and water tanks segment, nearly half of its revenue is generated from CPVC products. In addition to its expansion plans, Ashirvad Pipes has entered into a partnership with Jadavpur University to support research in new molecule development. Currently, India accounts for 17 of Aliaxis’ global revenue, highlighting the country’s importance in the company’s overall growth strategy. News source: Newsonprojects

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?