Fuji Silvertech Concrete Pvt. Ltd., a joint venture between Fuji Concrete Industry Co. Ltd. of Japan and Silvertech of India, which produces precast concrete for the infrastructure sector, said it plans to invest Rs. 200 crore in the next two years to increase capacity to meet growing demand for its products.
The company said that production at its Aurangabad plant would begin in January 2022, doubling its current capacity of 1,400 tonnes per day by the end of the year.
To meet the demand from the north, plans are in the works to build a new manufacturing facility in Rajasthan or Haryana.