Fayat eyes on road building equipment exports from Sanand plant

Having commissioned phase one of its first road building equipment manufacturing plant in India at Sanand near Ahmedabad, France-based Fayat Group is eyeing asphalt mixing plant exports to the Southeast Asian markets in future. At an initial investment of €116 mn (Rs 116 crore roughly), the plant will be manufacturing asphalt mixing plants at a capacity of 25-30 plants per annum even as it looks to add other products in future.