New Delhi, September 30, 2024 – Interarch Building Products Limited (BSE Code: 544232, NSE: INTERARCH), a prominent player in the Pre-Engineered Building (PEB) industry, has announced the acquisition of 51,926 square meters of land in Gujarat for INR 7 crore. This strategic investment is part of the company’s long-term plan to expand its national presence and meet the growing demand for high-quality pre-engineered buildings across India.
The new facility in Gujarat is expected to enhance Interarch’s production capacity, enabling the company to better serve its discerning customers. This move underscores Interarch’s commitment to strengthening its supply chain capabilities in Western India, a region that is emerging as a hub for new-age industries such as semiconductors, data centers, and renewable energy.
Interarch has a proven track record in Gujarat, having successfully executed large projects for notable clients including Asian Paints, Timken, Micron (through Tata Projects Limited), Asahi Glass, and MG Motors.
Arvind Nanda, Managing Director of Interarch Building Products Ltd., commented on the acquisition, stating, “This land acquisition in Gujarat is a significant milestone for us as we continue to expand our operational base across India. With this investment, we aim to boost our production capabilities and cater to the rising demand for high-quality pre-engineered building solutions in key markets. Our endeavor has always been to provide customer delight, and this is a significant step in that direction.”
Interarch currently operates four fully integrated manufacturing facilities located in Athivaram (Andhra Pradesh), Sriperumbudur (Tamil Nadu), and Pantnagar and Kichha (Uttarakhand). The new facility in Gujarat will further enhance the company’s ability to meet market demands effectively.
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