Germany's profine group inaugurates new plant in Gujarat
profine India, which manufactures u-PVC window and doors, today inaugurated its new plant at Vadodara in Gujarat and plans to invest Rs 100 crore to boost production capacity.
profine India Window Technology Pvt Ltd is a wholly owned subsidiary of Germany-based profine group, which supplies its products to 70 countries under Koemmerling, KBE and Trocal brands.
profine India today inaugurated its new state-of-the-art facility which has been developed in 20,000 sq metre area, the companmy said in a statement.
profine said the company has invested about Rs 100 crore in India so far.
"Eyeing a turnover of around Rs 350 crore by 2022, profine India is geared up to invest another Rs 100 crore in phases to boost its infrastructure, increasing its production capacity to 15,000 tonnes," the statement said.
With this new plant, the company's production capacity has increased to 6,000 tonnes of uPVC profiles from 4,000 tonnes earlier.
profine India Director and CEO Farid Khan said the company now has a new bigger and modern extrusion facility to cater the growing demand of uPVC windows and doors market in India.
The new facility has advanced machines from Battenfeld, Germany and tools from Greiner, Austria to ensure the quality production of uPVC profiles.
"We have been in the country for twelve years and have been writing a success story together with our Indian customers right from the start. With the new plant, we are taking another step and underline our long-term commitment to the growth market of India," said Peter Mrosik, Owner & CEO, profine GmbH.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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