Aparna Enterprises, India’s fastest-growing building materials manufacturer, has revealed its strategic commitment to invest INR 150 crores in the fiscal year 2024. This substantial investment is aimed at expanding operations, meeting increasing industry demands, and reinforcing its dedication to delivering exceptional products and services tailored to India’s evolving infrastructure needs.
The key highlights of Aparna Enterprises’ investment plan include an allocation of INR 100 crores for the establishment of a cutting-edge uPVC facility in Rudraram, Hyderabad. This facility will significantly boost the monthly production of uPVC profiles by 70%, from 700 tonnes to 1,200 tonnes, and windows by 150%, from 20,000 sq. meters to 50,000 sq. meters. An additional INR 50 crores will be directed towards the expansion of Aparna Enterprises’ tiles, ready-mix concrete (RMC), and aluminium businesses.
With its diverse product portfolio encompassing tiles, RMC, uPVC doors and windows, uPVC profiles, and aluminium doors and windows, Aparna Enterprises is well-positioned to meet this escalating demand. The company is keenly aware of these growth opportunities and is determined to leverage them to strengthen its market position.
Ashwin Reddy, Managing Director of Aparna Enterprises Limited, expressed confidence in the company’s investment strategy, stating, “We believe that our investment in the new uPVC facility and the expansion of our tiles, RMC, and aluminium businesses will enable us to address the evolving needs of our customers while solidifying our presence in the market. We are targeting a revenue of INR 2,100 crores by the end of this financial year.”
In a strategic move to tap into the Western market, Aparna Enterprises recently launched its RMC business in Mumbai, commencing operations in July 2023. This expansion will allow the company to seize growth opportunities in the region and further establish its presence.
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