Rs.8070 Million New Plastic Pipes Mfg. Unit in Telangana
A major industrial project in Telangana involves establishing a plastic pipes manufacturing unit over three years. The venture, managed through a subsidiary, aims to produce 59 KMTPA of plastic pipes, 5,300 MTPA of water storage tanks, and 8,900 MTPA of sandwich-moulded tanks, with an estimated cost of Rs.8070 million. The diverse product range includes CPVC, UPVC, HDPE, and OPVC pipes, targeting the growing water distribution segment. Funding will be a mix of debt and equity, and pre-project activities are currently underway as of December 2023.
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