Interarch Building Products Archives - Square Feat India https://squarefeatindia.com/tag/interarch-building-products/ Real Estate News Website Mon, 30 Sep 2024 11:57:07 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.8 https://squarefeatindia.com/wp-content/uploads/2019/12/squrefeatindia_favicon.png Interarch Building Products Archives - Square Feat India https://squarefeatindia.com/tag/interarch-building-products/ 32 32 Interarch Building Products Limited Acquires Land in Gujarat for New Manufacturing Facility https://squarefeatindia.com/interarch-building-products-limited-acquires-land-in-gujarat-for-new-manufacturing-facility/ Mon, 30 Sep 2024 11:57:06 +0000 https://squarefeatindia.com/?p=7919 Interarch Building Products Limited has acquired 51,926 square meters of land in Gujarat for INR 7 crore, marking a significant step in its expansion strategy within the Pre-Engineered Building (PEB) industry. This new facility aims to enhance production capacity and cater to the growing demand for high-quality building solutions in key markets, particularly in Western India. Managing Director Arvind Nanda emphasized the importance of this investment for boosting operational capabilities and delivering customer satisfaction.

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]]> 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.

Also Read: India Ranks 3rd in Global Cross-Border Capital Destinations for Land and Development Sites

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]]> Reliance Industries Among Key Clients as Interarch Building Products Secures Orders Worth INR 634 CR https://squarefeatindia.com/reliance-industries-among-key-clients-as-interarch-building-products-secures-orders-worth-inr-634-cr/ Fri, 20 Sep 2024 10:15:37 +0000 https://squarefeatindia.com/?p=7849 Interarch Building Products Limited has secured new orders totaling INR 634 crore this financial year, with Reliance Industries among its key clients. The company's total order book stands at INR 1,350 crore as of mid-September, reflecting strong performance across various sectors including automotive and renewables.

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]]> Interarch Building Products Limited (BSE Code: 544232, NSE: INTERARCH), a leader in the Pre-Engineered Building (PEB) industry, has announced the acquisition of new orders totaling INR 634 crore in the current financial year. Notably, among the key clients is Reliance Industries, which contributed INR 114 crore to the first quarter’s order book.

In the first quarter of FY25, Interarch secured orders worth INR 341 crore, while for the second quarter (up to September 14, 2024), it recorded an additional INR 293 crore in orders. The company’s total order book as of mid-September stands at INR 1,350 crore.

Key orders from Q1 FY25 include notable contributions from:

  • Reliance Industries: INR 114 crore
  • Ampin Solar: INR 60 crore
  • IDVB Recycling: INR 10 crore
  • Tata Advanced Systems: INR 14 crore
  • Beumar India: INR 26 crore

For Q2 FY25, key orders include:

  • Amaraja Infra: INR 50 crore
  • Ashok Leyland: INR 26 crore
  • Maccabee India: INR 12 crore

Arvind Nanda, Managing Director of Interarch Building Products, expressed enthusiasm about the company’s strong performance. “We are thrilled with our robust performance in the first half of FY25, securing orders worth INR 634 crore. This milestone underscores our ability to deliver high-quality pre-engineered building solutions across a wide range of sectors, including Automotive, Renewables, and Semiconductors. We are committed to building on this momentum and providing value-driven solutions for our customers and stakeholders.”

Also Read: India Reaffirms Commitment to Sustainable Development During World Green Building Week

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