Interarch Building Products Limited invests over INR 95 crores in the PEB Manufacturing plant

By Staff Report September 5, 2024 12:47 pm

The company inaugurated its 5th State-of-the-Art PEB Manufacturing plant (4th fully integrated unit) in Attivaram, Andhra Pradesh which will add 60,000 MT per annum over 2 phases, increasing the overall capacity to 2 Lac MT per annum.

Interarch Building Products Limited, a leading player in the Pre-Engineered Building (PEB) Industry inaugurated its fifth PEB manufacturing plant (4^th fully integrated unit)in Attivaram Village, District Nellore in Andhra Pradesh. This manufacturing facility is equipped with the latest technology and has capabilities to manufacture Pre-engineered steel (PEB) structures and pre-engineered metal roofing and cladding systems. This plant will contribute significantly to the region’s industrial growth.

The Company inaugurated Phase 1 of the plant, which covers 4 acres of the plot and has been built at an investment of INR 40 crores (including cost of land). Internal accruals have funded the investment for phase 1 and will increase Interarch’s installed capacity by 20,000 MT per annum. This unit has generated new job opportunities for approx. 250 people, boosting the local economy.

Phase 2 of the plant was celebrated, it covers 6 acres of the plot and will increase the company’s installed capacity by 40,000 MT, increasing the overall capacity to 2 Lac MT per annum. The total plant area of phase 2 will be 2 lac Sq. Ft and is likely to be commissioned over the next 7-8 months. Phase 2 will be set up at an approximate cost of 57 crores, funded through IPO proceeds. In Phase 2, the Company expects to create direct and indirect jobs for approximately 500 people.

The new plant is designed to meet the highest standards of efficiency and quality. With this expansion, Interarch is expanding its production capacity and creating new opportunities for employment and economic development in the region.