Walplast Products invests Rs 300 crore in capacity expansion, Real Estate News, ET RealEstate
NEW DELHI: Walplast Products, a subsidiary of DryChem India and building materials manufacturer, has invested Rs 300 crore in new capacity expansions and setting up greenfield projects.
These new plants located in Gujarat, Maharashtra, Madhya Pradesh and Andhra Pradesh will enhance Walplast’s capacities for White, Grey and Gypsum products by 8,00,000 metric tons (MT) annually.
Kaushal Mehta, managing director of the company said, “These new plants will not only increase our production capabilities but also help us better serve our customers by ensuring faster delivery and enhanced product availability.”
The company has acquired approximately three lakh sq meters of land for these greenfield projects. The plants are expected to be commissioned within the next 8 to 10 months.
