Visaka Industries Limited, a provider of building materials solutions, will spend Rs 120 crore in the construction of a sustainable fibre cement boards factory in the Paschim Medinipur region of West Bengal.
This will be the first such facility in the state and the sixth fibre cement board mill for Visaka. In the same neighbourhood, the business has a second production making cement roof sheets.
According to the spokesperson, the firm is increasing capacity due to the rising demand for fibre cement board. The new plant will have a 72,000 square metre manufacturing capacity and be powered by an on-site solar roof. The business will as soon as possible begin working on the new project.
“With an investment of Rs 120 crore, we are choosing to expand our manufacturing capacity. The market would be not only in West Bengal but also for other states of East India, in response to rising demand for eco-friendly construction materials,” Visaka Industries Joint MD Vamsi Gaddam said.
