The latest Vnext factory will be a net-zero facility powered by ATUM Roof, another of Visaka’s environmentally friendly technologies.

 Key highlights include:

  • The annual capacity of 72000 Mts
  • CO2 emissions to be reduced – 8.4 lakh kg CO2 annually
  • Trees to be saved through construction – 467
  • Jobs estimated to be created – 500
  • CSR benefits the underprivileged

VISAKA Industries Limited, a leading sustainable building materials solution provider, announced the construction of its fifth Vnext Boards plant in Midnapore, West Bengal during its Q1FY23 board meeting held last week. Owing to good demand for its products, to cater to new markets, and for their initiative to further its sustainability goals, the company has announced it will start work on its new project at the earliest.

The new factory will have a manufacturing capacity of 72000 mts and will be powered by ATUM Solar Roof, the World’s First Integrated Solar Roof, another VISAKA Industries Limited’s sustainable innovation with patents in India, the USA, and South Africa.

Mr. Vamsi Gaddam, Joint Managing Director at VISAKA Industries (1)Mr Vamsi Gaddam, Joint Managing Director at VISAKA Industries Limited, shared a few words to mark the beginning of their latest endeavour. “I am pleased to inform you that we are commencing construction of our second manufacturing unit in Midnapore.” With an investment of 120 crores, we’re choosing to expand our manufacturing capacity. The market would be not only in West Bengal but also in the bordering states of East India, in response to the rising demand for eco-friendly construction materials. Climate change is making it challenging for natural systems and human society to adapt. At VISAKA Industries Limited, we endeavour to make products that are environmentally friendly in every way. We’re making the entire production cycle net-zero for our newest Vnext Fibre Cement Board manufacturing facility, which is powered by ATUM Solar Roof. Such facilities are critical in a world where resources are dwindling. This unit will be generating total employment for about 500 people (direct and indirect). “

Vnext is India’s largest selling brand of fibre cement boards and its projects across the country have already helped save over 5,00,000 trees from being felled. These boards are an eco-friendly alternative to climate-damaging construction materials such as plywood and gypsum. They are designed to provide strength and stability and fit seamlessly within the architecture, offering an aesthetic solution. Vnext products today have become the material of choice for consultants, engineers, builders, and contractors alike. By setting up its latest Vnext manufacturing facility, the company will help save approximately 467 trees from being felled through its construction.

Visaka Industries Limited was established in 1981 and commenced production of Cement Roofing Sheets in 1985. The company is public listed with an annual turnover of Rs 1415 Cr. Their other brands include Vnext – India’s Largest Selling Brand of Fibre Cement Boards, ATUM Solar – The World’s 1st Electricity Generating Solar Roof, The Wonder Yarn – Sustainable Yarn Made from Recycled PET Bottles and ATUM Charge – India’s 1st Solar Powered EV Charging Station.

 

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

QR Code

Comments

Leave a Reply

Copyright © 2024 – I-Tech Media Pvt. Ltd. All rights reserved.