Building materials manufacturer Aparna Enterprises, on Tuesday, August 8, announced its investment of INR 150 Crores in FY24. This investment aims to fuel business growth and support the company’s expansion efforts to meet the rising demand in the industry.
The company has allocated INR 100 Crores to establish a state-of-the-art uPVC facility in Rudraram, Hyderabad. This move will significantly enhance the production capacity of uPVC profiles by 70 percent, from 700 tonnes to 1,200 tonnes per month. Additionally, the production of windows will increase by 150 percent, from 20,000 SqM to 50,000 SqM.
Furthermore, Aparna Enterprises will allocate an additional INR 50 Crore to expand its tiles, ready-mix concrete (RMC), and aluminum businesses. As part of its strategic expansion plan, the company has already launched its RMC business in Mumbai in July 2023, targeting the Western market. This initiative aims to capitalize on regional growth prospects and solidify the company’s presence.
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