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Business EconomyPosted at: Aug 9 2022 10:03PM


Visaka Industries Ltd announces Rs 120 cr Vnext Boards plant at West Bengal

Hyderabad, Aug 9 (UNI) VISAKA Industries Limited, a leading sustainable building materials solution provider, on Tuesday announced the construction of its Vnext Boards plant in Midnapore, West Bengal.
The new factory will have a manufacturing capacity of 72000 Mts. and will be powered by ATUM Solar Roof, the World's First Integrated Solar Roof, another VISAKA Industries Limited’s sustainable innovation with patents in India, USA, and South Africa, Hyderabad-based company said in a release here.
Mr. Vamsi Gaddam, Joint Managing Director at VISAKA Industries said we are commencing construction of our second manufacturing unit in Midnapore. With an investment of 120 Crores. we’re choosing to expand our manufacturing capacity. The market would be not only in West Bengal, but also for the bordering states of East India, in response to rising demand for eco-friendly construction materials.
We're making the entire production cycle net-zero for our newest Vnext Fibre Cement Board manufacturing facility, which is powered by ATUM Solar Roof. Such facilities are critical in a world when resources are dwindling. This unit will be generating total employment for about 500 people (Direct and Indirect).”
Vnext is India’s largest selling brand of fibre cement boards and its projects across the country have already helped save over 5,00,000 trees from being felled. These boards are an eco-friendly alternative to climate damaging construction materials such as plywood and gypsum. They are designed to provide strength and stability and fit seamlessly within the architecture, offering an aesthetic solution. Vnext products today have become the material of choice for consultants, engineers, builders, and contractors alike.
By setting up their latest Vnext manufacturing facility, the company will help save approximately 467 trees from being felled through its construction, he added.
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Tags: #Visaka Industries Ltd announces Rs 120 cr Vnext Boards plant at West Bengal
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