Beardsell Bags INR 250 Million Order From Ethiopia
Beardsell Limited, a leading service provider of prefab structures, cold storages, packaging, insulation products and clean rooms, has bagged contracts worth INR 250 million (USD 3.57 million) from the Pharmaceuticals Fund and Supply Agency (PFSA) an Ethiopian government agency, for supply of items.
The scope is only supply of items. The supply is required to be completed before December 31st. The payment is assured by International Letters of Credit, which has been the standard payment scheme of the Government.
The company has transformed its business from being a packaging products and insulation company with a new line of prefabricated building materials over the past few years and is gearing up for the next phase of growth. The company's QuikBuild Construction System has been growing rapidly both for home and commercial set-ups necessitating expansion. The company is targeting INR 1000 million revenue from QuikBuild in the next two years.
- Bagged By:
- Industry:Building Materials
- Value:INR 250 Million
- Published On:2018-09-04