Duroflex Plant To Expansion-cum-new Facility In West Region
Duroflex Private Limited has announced for new Unit in Maharashtra or Gujarat. The company will adding fresh capacity at its Hyderabad plant and taking up expansion cum-new facility in either Maharashtra or Gujarat. The company plans to invest about Rs 100 Crore in the proposed expansion. Which has six manufacturing bases three of them in Karnataka, one each near Hyderabad in Telangana, Alleppey in Kerala and Bhiwandi in Maharashtra.
The company plans to take its total capacity from 6 lakh units per annum to about 10 lakh units. The expansion is necessitated as we are functioning at near full capacity and expect to grow at about 20 per cent this year Last year grown by about 30 per cent.