Interarch's Rs 95 Crore Plant to Boost PEB Manufacturing in Andhra Pradesh

Interarch Building Products Ltd is investing Rs 95 crore to establish a pre-engineered building manufacturing facility in Andhra Pradesh. The first phase, costing Rs 40 crore, is operational, increasing capacity by 20,000 tonnes annually. Phase 2, costing Rs 57 crore, will expand capacity further by 40,000 tonnes.

Interarch Building Products Ltd is reinforcing its market presence with a substantial Rs 95 crore investment to establish a pre-engineered building (PEB) manufacturing plant in Andhra Pradesh.

This new facility bolsters Interarch's reputation as a turnkey leader in the pre-engineered steel construction sector, offering comprehensive solutions that span from design to installation.

The company's strategic move began with the inauguration of Phase 1 at Nellore, Andhra Pradesh, marking an investment of Rs 40 crore. This phase enhances Interarch's capacity by 20,000 tonnes annually, funded by internal accruals. The company's future growth plans include Phase 2, which covers 6 acres and will boost capacity by an additional 40,000 tonnes, expected to be operational within 7-8 months at a cost of Rs 57 crore.

(With inputs from agencies.)