+
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

FedEx, IIT Madras Launch SMART Centre for Sustainable, AI-led Logistics

FedEx has partnered with the Indian Institute of Technology (IIT) Madras to inaugurate the SMART Centre (Supply Chain Modelling, Algorithms, Research and Technology Centre) on the institute’s campus. The facility will drive innovation in sustainable and AI-driven logistics solutions. Backed by a five-year $5 million grant from FedEx, the SMART Centre aims to combine advanced research, digital technologies, and industry expertise to transform supply chains with a focus on agility, resilience, and environmental responsibility.The centre will also spearhead interdisciplinary projects in ar..

Next Story
Infrastructure Transport

PM Modi to Inaugurate Aunta–Simaria Six-Lane Ganga Bridge on Aug 22

Prime Minister Narendra Modi will inaugurate the newly built Aunta–Simaria six-lane Ganga bridge on August 22, marking a significant milestone in Bihar’s infrastructure growth.The 8.15-km-long bridge, constructed at a cost of Rs 18.71 billion, connects Aunta Ghat in Mokama (Patna district) with Simaria in Begusarai and runs parallel to the decades-old Rajendra Setu. With Rajendra Setu undergoing repairs and heavy vehicles barred from plying, the new bridge is expected to ease congestion and provide seamless connectivity between north and south Bihar.Officials said the bridge will reduce tr..

Next Story
Technology

Hexalog Expands with 48,000 Sq Ft Fulfilment Centre in Bengaluru

Hexalog Technologies, an AI-driven supply chain company specialising in cross-border solutions, has inaugurated a 48,000 sq ft Value-Added Centre (VAC) in Bengaluru. The new facility strengthens Hexalog’s fulfilment network and marks a significant step in its strategic expansion across high-demand regions.Strategically located in Bengaluru, the Tier 1 hub offers strong transport connectivity and proximity to major ports, enabling enhanced cross-docking, wider geographic reach, and faster last-mile deliveries across South India.Designed to support both e-commerce and cross-dock operations, th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?