Rockwool Group invests 550 INR-Crore for factory in Tamil Nadu

Riya Fernandes Aug 23, 2024 0

Denmark-based Rockwool Group, one of the leading insulation producers across various segments, will be setting up its largest factory in Cheyyar, Tamil Nadu. The estimated investment of this greenfield factory is 550 INR-Crore

Rockwool Group’s new facility will span approximately 50,000 SqM within an anticipated 56 Acres land parcel. It will be meticulously designed to cater to the surging demand for non-combustible stone wool insulation in the region. Additionally, the state-of-the-art factory will manufacture stone wool insulation that is non-combustible, recyclable, and durable. The facility will begin operations in the first half of 2026, employing around 150 individuals.

Also Read: India’s Industrial Landscape in FY 2023-24: A Zone-wise Analysis – Part 1 of 4

Moreover, with an annual capacity of 50,000 Tonnes, the factory by Rockwool will surpass the Gujarat unit in size. It will focus on producing cutting-edge products for specialized applications, particularly those essential for fire safety. This strategic move will bolster Rockwool’s market presence in India’s insulation sector. 


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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.

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