Poddar Plumbing to Invest Rs 7.58 Bn in Karnataka, Generate 12,000 Jobs
ECONOMY & POLICY

Poddar Plumbing to Invest Rs 7.58 Bn in Karnataka, Generate 12,000 Jobs

Poddar Plumbing System, a leading manufacturer of CPVC and PVC pipes, has announced plans to increase its investment in Karnataka to Rs 7.58 billion from the earlier Rs 4.92 billion. The expansion is expected to create around 12,000 jobs—3,000 direct and 9,000 indirect—in the state.

As part of this investment, the company is setting up a large-scale manufacturing facility in the Vemgal Industrial Area (Phase 2), Kolar, spread across 33 acres. The plant is expected to become operational by August 2026. In addition, a second unit has been proposed in Vijayapura.

The announcement followed a meeting between Deepak Poddar, Managing Director, and Varun Poddar, Director of Poddar Plumbing, and MB Patil, Minister for Large and Medium Industries, at Khanija Bhavan.

Commenting on the development, Deepak Poddar, Founder of Poddar Plumbing System, said, “At Poddar Plumbing, we are committed to driving industrial growth while creating meaningful employment opportunities in Karnataka. Our latest investment reaffirms our long-term vision of making India self-reliant in advanced piping solutions.”

Founded by the promoters of Ashirvad Pipes, Poddar Plumbing aims to achieve an annual turnover of Rs 15 billion over the next decade. The project is also expected to contribute approximately Rs 30 billion in tax revenues to the government during this period.

Construction and machinery installation are already underway at the Vemgal site. The upcoming facility will produce a wide range of high-quality piping solutions including CPVC and UPVC pipes for plumbing and water distribution, as well as specialised pipes for agriculture, chemical, and gas transportation.

Poddar Plumbing System, a leading manufacturer of CPVC and PVC pipes, has announced plans to increase its investment in Karnataka to Rs 7.58 billion from the earlier Rs 4.92 billion. The expansion is expected to create around 12,000 jobs—3,000 direct and 9,000 indirect—in the state.As part of this investment, the company is setting up a large-scale manufacturing facility in the Vemgal Industrial Area (Phase 2), Kolar, spread across 33 acres. The plant is expected to become operational by August 2026. In addition, a second unit has been proposed in Vijayapura.The announcement followed a meeting between Deepak Poddar, Managing Director, and Varun Poddar, Director of Poddar Plumbing, and MB Patil, Minister for Large and Medium Industries, at Khanija Bhavan.Commenting on the development, Deepak Poddar, Founder of Poddar Plumbing System, said, “At Poddar Plumbing, we are committed to driving industrial growth while creating meaningful employment opportunities in Karnataka. Our latest investment reaffirms our long-term vision of making India self-reliant in advanced piping solutions.”Founded by the promoters of Ashirvad Pipes, Poddar Plumbing aims to achieve an annual turnover of Rs 15 billion over the next decade. The project is also expected to contribute approximately Rs 30 billion in tax revenues to the government during this period.Construction and machinery installation are already underway at the Vemgal site. The upcoming facility will produce a wide range of high-quality piping solutions including CPVC and UPVC pipes for plumbing and water distribution, as well as specialised pipes for agriculture, chemical, and gas transportation.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->