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By Express News Service
CHENNAI: USG Boral, a company that manufactures building materials such as drywall, files and substrates, announced that it would invest about 300 rupees in the construction of its third plant in India – Sri City, Andhra Pradesh, relying on the increase in construction activity in India
The plant, which will employ about 100 workers, will be in a place that allows 30 million square meters of capacity to manufacture plasterboard and is more than USG Boral will have the opportunity to double the capacity of its plant in Sri City according to domestic demand and exports, said the company. in the adoption of new construction practices among companies in India. They are adopting more and more plasterboard and other newer building technologies for reasons of profitability and price volatility of raw materials like sand and cement, "said Sumit Bidani, CEO of the USG Boral India. "Our market share in gypsum board manufacturing in India is almost 25 percent and this investment allows us to strengthen the supply in South India and also for exports to countries like India. Sri Lanka and the Maldives, "said Dan Casey, Senior Vice President, Asia and the Middle East, USG Boral.
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