Visaka Industries to set up a Rs120 crore board facility plant in West Bengal

10 Aug 2022 , 09:00 AM

A senior official at Visaka told news reporters on Tuesday, the manufacturer of building materials solutions would invest Rs120 crore in the construction of a sustainable fiber cement board facility in the Paschim Medinipur region of West Bengal.

This will be the state’s first facility of its kind and the sixth fiber cement board facility in Visaka. The business has a second production producing cement roof sheets in the same neighborhood.

According to the official, due to the increasing demand for fiber cement boards, the firm is boosting its capacity. The new facility will be powered by an internal solar roof and have a manufacturing capacity of 72000 meters. The new initiative will soon begin to take shape for the organization.

“With a 120 crore rupee investment, we have decided to increase our production capacity. Due to the growing need for environmentally friendly construction materials, the market will not only be in West Bengal but also in other East Indian states, according to Vamsi Gaddam, joint managing director of Visaka Industries. 

500 local residents are anticipated to gain employment as a result of the factory. The business asserted that Vnext board, the top-selling brand of fiber cement boards in India, is a sustainable product that has already prevented the loss of almost 5,000 trees.