Aparna Enterprise to fund Rs 100 cr for aluminium windows, doors
Doors & Windows

Aparna Enterprise to fund Rs 100 cr for aluminium windows, doors

Aparna Enterprises, a material building manufacturer, announced that it plans to invest Rs 100 crore towards developing its aluminium window and door system brand Alteza in the next four years.

The use of investment would be to grow the product portfolio, manufacturing facility, marketing and retailing.

The enterprise plans to invest Rs 40 crore in the latest manufacturing facility this FY and aim to command 8% to 10% of the aluminium window and door system market in the coming four years. Alteza, launched in 2019, offers door and railing systems and aluminium windows.

Ashwin Reddy, managing director, Aparna Enterprises, said the aluminium window and door system market in India is near Rs 20,000 crore and is increasing at a CAGR of 7.9%. From Rs 100 crore, 60% of the funds would be focused on strengthening the production capacity and the rest on research, development, and building dealership connections.

Reddy said they plan to hire over 100 people by 2021 end, and the majority of this would be in Telangana.

Aparna Enterprises Limited (AEL) is a prime leader in the distribution of building supplies and is one of the largest Tile Distribution companies in India.

Image Source


Also read: Sustainable yet Stylish Doors and Windows

Aparna Enterprises, a material building manufacturer, announced that it plans to invest Rs 100 crore towards developing its aluminium window and door system brand Alteza in the next four years. The use of investment would be to grow the product portfolio, manufacturing facility, marketing and retailing. The enterprise plans to invest Rs 40 crore in the latest manufacturing facility this FY and aim to command 8% to 10% of the aluminium window and door system market in the coming four years. Alteza, launched in 2019, offers door and railing systems and aluminium windows. Ashwin Reddy, managing director, Aparna Enterprises, said the aluminium window and door system market in India is near Rs 20,000 crore and is increasing at a CAGR of 7.9%. From Rs 100 crore, 60% of the funds would be focused on strengthening the production capacity and the rest on research, development, and building dealership connections. Reddy said they plan to hire over 100 people by 2021 end, and the majority of this would be in Telangana. Aparna Enterprises Limited (AEL) is a prime leader in the distribution of building supplies and is one of the largest Tile Distribution companies in India. Image Source Also read: Sustainable yet Stylish Doors and Windows

Next Story
Infrastructure Urban

We operate 100 smart buses serving 30,000 passengers daily

Aurangabad, known as the ‘City of Gates’ owing to its historical monuments and Mughal heritage, is equally renowned for its industrial development, with a nominal gross district domestic product (GDDP) of Rs.988.04 billion. As growth has progressed, there has been a focus on enhancing the standard of living, prompting key initiatives, including the award-winning Majhi Smart  Bus Initiative. G Sreekanth (IAS), CEO, Aurangabad Smart City Development Corporation Ltd (ASCDCL), discusses the city’s ongoing and upcoming developments in conversation  with NEHA YADAV.Recent news h..

Next Story
Infrastructure Energy

Sterling and Wilson Secures Rs 12 Bn Solar EPC Contract in Gujarat

Sterling and Wilson Renewable Energy has been awarded a Rs 1,200 crore contract for a 500-megawatt (MW) solar photovoltaic (PV) project in Gujarat, strengthening its foothold in India’s renewable energy sector. The engineering, procurement, and construction (EPC) contract encompasses the design, engineering, and installation of balance-of-system (BoS) components with single-point responsibility. It also includes operations and maintenance (O&M) services for three years. “We are delighted to secure this significant order, which will aid India, especially Gujarat, in its transition to clean ..

Next Story
Infrastructure Energy

NTPC Green Energy Signs MoU with Bihar Government

NTPC Green Energy (NGEL), a subsidiary of NTPC, has entered into a Memorandum of Understanding (MoU) with the Department of Industries, Government of Bihar, during the Bihar Business Connect 2024 Global Investors’ Summit held on 20 December 2024 in Patna. The MoU outlines plans for substantial investments in Bihar to establish various renewable energy projects, including: Ground-mounted and floating solar installations Battery energy storage systems Green hydrogen mobility initiatives The Bihar Government will assist by facilitating necessary approvals, permissions, registrations, and cleara..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000