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Home » News » Interarch acquires land in Gujarat to strengthen PEB production capacity

Interarch acquires land in Gujarat to strengthen PEB production capacity

By | October 1, 2024 6:52 pm SHARE

Interarch acquires land in Gujarat to strengthen PEB production capacity
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Interarch Building Products Ltd. has purchased 51,926 square metres of land in Gujarat for INR 7 crore, increasing production capacity to satisfy surging PEB demand.

Interarch Building Products Limited (BSE Code: 544232) (NSE: INTERARCH), a key player in the Pre-Engineered Building (PEB) Industry, has announced the acquisition of 51,926 square meters of land in Gujarat. The land was acquired for an expenditure of INR 7 crore. This strategic move is part of the company’s long-term goal of expanding its national footprint and meeting the growing demand for high-quality pre-engineered structures across the country.

The newly acquired land in Gujarat will increase the company’s usable capacity, allowing it to satisfy the growing demands of its discerning consumers. This strategic investment demonstrates the company’s commitment to improving its supply chain skills in Western India while remaining near its clients and providing great service. Furthermore, Western India, notably Gujarat, is growing as a hub for cutting-edge industries such as semiconductors, data centres, and renewable energy. Interarch is ready to capitalise on these opportunities.

Interarch has completed several big projects in Gujarat for clients including Asian Paints, Timken, Micron (via Tata Projects Limited), Asahi Glass, MG Motors, and others.

Commenting on the development, Arvind Nanda, Managing Director of Interarch Building Products Ltd. states, “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 endeavour has always been to provide customer delight, and this is a significant step in that direction”

The company presently operates four fully integrated, cutting-edge manufacturing facilities: one in Athivaram, Andhra Pradesh; one in Sriperumbudur, Tamil Nadu; one in Pantnagar, Uttarakhand; and one in Kichha, Uttarakhand.

For more information, visit: https://www.interarchbuildings.com/

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