Finolex Industries Limited has started selling PVC fittings at a brand-new, cutting-edge production facility in Pune, Maharashtra.
The facility in question has an annual capacity of 12,000 MT, and it cost about Rs. 100 crore to build it. All of the money came from internal accruals.
Finolex Industries is the third-largest player in the PVC resin market and one of the largest manufacturers of PVC pipes in India. The company has three manufacturing facilities, one each in Pune and Ratnagiri (both in Maharashtra) and Masar, near Vadodara in Gujarat.