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Finolex Industries is aims to invest Rs 100 crore in adding 1,00,000 tonnes of pipes capacity over the next three years.
Saurabh Dhanorkar, Managing Director Finolex Industries said that “We are investing Rs 100 crore in expanding our pipes capacity by 1,00,000 tonnes over the next three years period. After expansion, our pipes manufacturing capacity will go up to 350,000 tonnes.”
“We are mainly into pipes and PVC resins manufacturing and keep adding capacities to meet the growing demand from agri and construction sectors. We have added 30,000 tonnes capacity in FY16,” he added.
