Interarch Building Products invests over Rs 950 million in plant
Company News

Interarch Building Products invests over Rs 950 million in plant

Interarch Building Products, a leading player in the Pre-Engineered Building (PEB) industry announced that the company has inaugurated its fifth PEB manufacturing plant (fourth fully integrated unit) in Attivaram Village, Nellore District, Andhra Pradesh. This manufacturing facility is equipped with the latest technology and has capabilities to manufacture pre-engineered steel (PEB) structures and pre-engineered metal roofing and cladding systems. This plant will contribute significantly to the region's industrial growth.

The company inaugurated Phase 1 of the plant, which covers four acres of the plot and has been built at an investment of Rs 400 million (including cost of land). The investment for phase 1 has been funded by internal accruals and will increase Interarch’s installed capacity by 20,000 MT per annum. This unit has generated new job opportunities for approximately 250 people, boosting the local economy.

The company further did the groundbreaking ceremony for the Phase 2 of the plant, which covers 6 acres of the plot and will increase the company’s installed capacity by 40,000 MT, increasing the overall capacity to 2 lakh MT per annum. The total plant area of phase 2 will be 2 lac Sq. Ft and is likely to be commissioned over the next 7-8 months. Phase 2 will be set up at a approximate cost of Rs 570 million, funded through IPO proceeds. In Phase 2, the company expects to create direct and indirect jobs for approximately 500 people.

The new plant is designed to meet the highest standards of efficiency and quality. With this expansion, Interarch is not only expanding the production capacity but also creating new opportunities for employment and economic development in the region.

Arvind Nanda, Managing Director, and Gautam Suri, Whole Time Director, Interarch Building Products, said, “We are excited to announce the inauguration of our fifth PEB manufacturing unit in Attivaram, AP, marking a key milestone in our strategic expansion. This achievement not only reflects our robust growth trajectory but also our unwavering commitment to excellence. As we continue to expand, our goal remains clear: to set new standards in the industry through quality, innovation, and customer delight.  This new facility enhances our geographical reach and reinforces our commitment to innovation, quality, and sustainability. We look forward to contributing to the region's economic development and meeting the growing demand with excellence.”

Manish Garg, CEO, Interarch Building Products said, “Inaugurating this fully integrated PEB manufacturing unit in Attivaram is a proud moment for all of us at Interarch. This new facility represents our dedication to driving progress and creating value for our clients and the communities we serve. This new facility will help us service the increasing demand from our discerning consumers and help us meet our aggressive growth plans."

Interarch Building Products, a leading player in the Pre-Engineered Building (PEB) industry announced that the company has inaugurated its fifth PEB manufacturing plant (fourth fully integrated unit) in Attivaram Village, Nellore District, Andhra Pradesh. This manufacturing facility is equipped with the latest technology and has capabilities to manufacture pre-engineered steel (PEB) structures and pre-engineered metal roofing and cladding systems. This plant will contribute significantly to the region's industrial growth.The company inaugurated Phase 1 of the plant, which covers four acres of the plot and has been built at an investment of Rs 400 million (including cost of land). The investment for phase 1 has been funded by internal accruals and will increase Interarch’s installed capacity by 20,000 MT per annum. This unit has generated new job opportunities for approximately 250 people, boosting the local economy.The company further did the groundbreaking ceremony for the Phase 2 of the plant, which covers 6 acres of the plot and will increase the company’s installed capacity by 40,000 MT, increasing the overall capacity to 2 lakh MT per annum. The total plant area of phase 2 will be 2 lac Sq. Ft and is likely to be commissioned over the next 7-8 months. Phase 2 will be set up at a approximate cost of Rs 570 million, funded through IPO proceeds. In Phase 2, the company expects to create direct and indirect jobs for approximately 500 people.The new plant is designed to meet the highest standards of efficiency and quality. With this expansion, Interarch is not only expanding the production capacity but also creating new opportunities for employment and economic development in the region.Arvind Nanda, Managing Director, and Gautam Suri, Whole Time Director, Interarch Building Products, said, “We are excited to announce the inauguration of our fifth PEB manufacturing unit in Attivaram, AP, marking a key milestone in our strategic expansion. This achievement not only reflects our robust growth trajectory but also our unwavering commitment to excellence. As we continue to expand, our goal remains clear: to set new standards in the industry through quality, innovation, and customer delight.  This new facility enhances our geographical reach and reinforces our commitment to innovation, quality, and sustainability. We look forward to contributing to the region's economic development and meeting the growing demand with excellence.”Manish Garg, CEO, Interarch Building Products said, “Inaugurating this fully integrated PEB manufacturing unit in Attivaram is a proud moment for all of us at Interarch. This new facility represents our dedication to driving progress and creating value for our clients and the communities we serve. This new facility will help us service the increasing demand from our discerning consumers and help us meet our aggressive growth plans.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement