Pre-engineered building solutions provider EPACK Prefab is looking to expand its operations in the airport and warehouse construction services. The expansion will primarily focus on southern India, the company said in a statement.
Earlier this 12 months, it had introduced establishing a brand new manufacturing facility in Andhra Pradesh with an funding of ₹198 crore.
“The corporate is aiming to increase its market share within the south, which has large potential. Additional investments could be anticipated going forward as we glance to increase our operations,” stated Nikhil Bothra, Director of EPACK Prefab.
The brand new plant is predicted to be operational by September 2023 and will probably be internally funded.
Pre-engineered constructing buildings are utilized in varied industries, together with aviation, small airports, stadiums, industrial, and residential initiatives.
EPACK Prefab at present has two manufacturing services in Rajasthan and Uttar Pradesh, with a complete annual manufacturing capability of 100,000 metric tonne of prefabricated materials, which is able to double to 200,000 metric tonne with the addition of the brand new plant, the corporate assertion stated.
