Interarch's Rs 100 Crore Investment in Andhra Pradesh: A Game Changer for Steel Structures
Interarch Building Solutions plans to invest Rs 100 crore in a new plant in Andhra Pradesh, enhancing its capacity to produce pre-engineered steel structures. The facility, covering 20 acres, aims to generate over 2,000 jobs and contribute to sustainable construction practices.
- Country:
- India
Interarch Building Solutions has announced plans to invest approximately Rs 100 crore in a new facility in Andhra Pradesh for pre-engineered steel structures. The plant, set over 20 acres, aims to deliver a 25,000 metric tonne capacity in its initial phase.
Scheduled to commence production by the end of Q2 FY27, this initiative is expected to generate over 2,000 direct and indirect jobs, marking a significant economic boost for the region.
Manish Garg, CEO of Interarch, highlighted the facility's role in fostering faster construction of multi-storey steel buildings, emphasizing its efficiency, sustainability, and resilience to extreme weather. This expansion underscores Interarch's commitment to innovation and solidifies its leadership in India's high-rise steel building sector.
(With inputs from agencies.)
ALSO READ
Tata Power's 10 GW Greenfield Solar Facility Sparks Manufacturing Surge in Andhra Pradesh
Thyssenkrupp's Strategic Sale: Jindal Steel Eyes Major European Expansion
Yajur Fibres Launches Rs 120.41 Crore IPO to Fuel Expansion and Innovation
PRAGATI Initiative Fuels Rapid Expansion of AIIMS Across India
Euro Zone Economy Boosted by Strong Service Sector Amid Manufacturing Slump

