Arvind Nanda, Managing Director, Interarch Building Products, heads the company, a leading player in the Pre-Engineered Building (PEB) industry, which invested over Rs.950 million for its fifth PEB manufacturing plant (fourth fully integrated unit) in Nellore District, Andhra Pradesh and also made an initial public offering [IPO] of equity shares aggregating to Rs.6,000 million. The investment for phase 1 will increase the company’s installed capacity by 20,000 million tonne [MT] per annum. The manufacturing facility has capabilities to manufacture pre-engineered steel (PEB) structures, metal roofing and cladding systems. It will contribute significantly to the region's growth with the highest standards of efficiency and quality. The company is not only expanding production capacity but also creating new employment opportunities. Phase 1 of the plant, built at an investment of Rs.400 million generated job opportunities for about 250 people. Phase 2 will increase the company’s installed capacity by 40,000 MT, increasing the overall capacity to 0.2 million MT per annum and will create jobs for about 500 people.