The recent lockdowns and other limitations brought on by the COVID-19 outbreak have had a significant negative influence on the Indian construction industry. It resulted in the delay of many projects of national importance. According to KMPG, the industry faced a daily loss of Rs 30,000 crore during the covid-induced lockdowns.
The Government of India has placed a strong emphasis on developing new airports as well as expanding and upgrading those that already exist.
Manufacturer of prefabricated structures Epack Polymers plans to invest around Rs 150 crore to expand capacity to realise its target of more than doubling revenue toRs 500 crores over the next two years, a top company official has said.
India today is emerging as a manufacturing hotspot on global map due to the persistent push for ‘Make in India ‘Atmanirbhar Bharat’. In order to accomplish ambitious developmental goals including the status of a developed nation by 2047, the country seems determined to nes the potential of resources lying within the boundary.
The story talks about the investments made in Sri City in 2022 making it a hub for air-conditioner manufacturing with large firms having invested, or announced plans to invest. Further, the story mentions EPACK Durable’s entry in Sri City.
RACs and SHAs manufacturer EPACK Durable Pvt Ltd.(EDPL) is planning to invest close to ₹100crore by setting up a 0.6 Million units plant through brownfield expansion at its existing manufacturing site in Bhiwadi, Rajasthan. The company has a production capacity of 1.2 Million units per annum and has been running at around 75-80 per cent of its capacity utilisation. With the proposed expansion, the company will have a total installed capacity of 1.8 Million units.
रूम एयर कंडीशनर (आरएसी) और छोटे घरेलु उपकरण (एसएचए) निर्माता ईपैक ड्यूरेबल प्रा. लि. (ईडीपीएल) भिवाड़ी, राजस्थान में अपने मौजूदा विनिर्माण स्थल पर ब्राउनफील्ड विस्तार कर 0. 6 मिलियन यूनिट प्लांट स्थापित करेगा। इसके लिए ईपैक ड्यूरेबल द्वारा लगभग 100 करोड़ रुपये का निवेश करने की योजना है। मौजूदा समय में कंपनी की उत्पादन क्षमता 12 लाख यूनिट प्रति वर्ष है और यह लगभग 75-80 प्रतिशत क्षमता पर चल रही है।
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Even as the Conference of the Parties of the United Nations Framework Convention on Climate Change (UNFCCC – COP27) is underway in Egypt, India is well committed to embrace sustainability across industries, with a number of targets to making environmental sustainability and net-zero emissions achievable.
Same News Published on – Business for Night
The EPACK Durable of EPACK Group, a leading Original Design Manufacturer (ODM) of room air-conditioners, will set up an integrated manufacturing facility in the Sri City of Andhra Pradesh by investing about ₹500 crore in five years. The facility envisages creating more than 3,000 jobs in a phased manner in five years.
The Government of India with its ambitious low-cost flying scheme UDAN is striving to connect tier 2-3 with air services to fuel their economic growth while making travelling easier. This is why the government has been emphasising on the development of new airports and the expansion and upgradation of existing airports across the country.
EPACK Durable, a leading outsourced design manufacturer of room air conditioners, on Thursday, said it has raised USD 40 million (around Rs 318 crore) in a second round of funding led by Affirma Capital.
