Agarwal to invest heavily on infrastructure, product development and brand building
Duroplast India Pvt Ltd says uPVC product output from the Rs.40 crore facility in Howrah, West Bengal, is for its expanding Indian and African subcontinental markets while orders have been received from Bangladesh, Bhutan and Nepal.
“The company plans to invest heavily in infrastructure, new product development and brand building in order to dominate a crowded market and it will continue to explore both organic and inorganic growth opportunities,” says chairman Lalit Agarwal, announcing the launch of new facility on 29 Apr 2023.
“We wish to continue expanding in India and moving forward with our exciting and prosperous development along with them (the markets).”
Agarwal elaborated, “We have built the groundwork with Duroplast India and the newly established production plant to further diversify and optimise our product- and service-portfolio to satisfy the future market. We have set ambitious targets and have started the execution with our new production facility having the highest range of profiles by any firm in this industry.
“Our portfolio includes, Elite 67 series, Elixir 60 series, Elegant 50 series, Vent 39 series, Indiana 34 series, Premium Door series. We further want to further optimise our product portfolio.”
The 150,000 sq ft Howrah facility has 6 extrusion lines that have already been commissioned. Six more are to be added over the course of the next year, along with fully automated mixing and a SCADA-based conveying system.
A foiling line is also installed for the colour-finishing of window profiles.
The business also disclosed intentions to build more showrooms, various warehouses, and further marketing expenditures around the country.
The plant’s entire capacity is 15 uPVC extrusion lines, but it may be expanded to 300,000 sq ft to accommodate future investment and add 30 more lines to fulfil rising demand. fiinews.com
