Building solutions company Everest Industries plans to set up its second manufacturing plant for pre-engineered buildings at Dahej in Gujarat.
With an annual production capacity of 60,000 tonnes, the plant will target projects in Gujarat, Maharashtra, Goa, Madhya Pradesh and Chattisgarh, besides parts of Rajasthan and the southern States.
Manish Garg, President (Steel Building Division), said the new project entails an investment of Rs. 50 crore, which will be funded equally through internal accruals and external commercial borrowing (ECB).
The projects vary from a canteen of 10000 sq ft to a gigantic factory of over 500000 sq ft. The company has successfully designed, manufactured and erected projects for prestigious clients such as Britannia, General Motors, Walmart, Carrefour, Cadbury, Hero Motors, B P Ergo, RPG Raychem, Honda, Vodafone, M J logistics, Priya Gold, S R Industries, to name a few.
Everest Pre-Engineered Steel Building Solutions promises to install a factory building in only 33% of the time that it normally takes to construct a conventional building. Everest Pre-engineered buildings have proved to highly successful and technologically advanced building solutions