Astral Poly Technik invests Rs 70 crore in fourth plant

Astral Poly Technik invests Rs 70 crore in fourth plant

Astral Poly Technik invests Rs 70 crore in fourth plant

Astral Poly Technik, the Gujarat-based plumbing and drainage systems maker, will start construction work of its fourth plant soon.

In an interaction with DH, Astral Poly Technik Managing Director Sandeep Engineer said that the company has so far spent around Rs 70 crore for land acquisition and other works for the new plant at Ghiloth in Rajasthan.

“We will initially make only CPVC (chlorinated polyvinyl chloride) pipes (plastic pipes) for water supply purposes. The construction work will start soon,” he said.

The company has executed a lease agreement with Rajasthan State Industrial Development and Investment Corporation (RIICO) of land measuring 32,500 sq metres situated at Ghiloth Industrial Area, Alwar district. The company intends to set up a unit for manufacturing of PVC/CPVC pipes/fittings to cater the demand of North India.

When asked about the categories, Engineer said, “Being the first company to introduce CPVC and lead free UPVC (unplasticised polyvinyl chloride) pipes and fittings in India, Astral has extended the horizon of the Indian plumbing industry. Our robust facilities in Santej and Dholka (Gujarat), and Hosur (Tamil Nadu), for manufacturing plumbing and drainage systems, deliver world-class piping solutions like plumbing, drainage, fire protection, electrical, agriculture, industrial and ancillary.”

Astral Poly Technik was established in 1996 with an aim of manufacturing pro-India plumbing and drainage systems in the country. The production capacity at Santej is 61,975 million tonnes per year, at Dholka it is 45,000 million tonnes per year, while at Hosur 14,360 million tonnes per year. Astral established a strong presence in the category by deploying cutting-edge technology, and with a talented work force of 2,000 staff.

When asked about acquisition, Engineer said, “We have acquired UK-based Bond IT and India-based Resinova Chemie to expand our business into other categories.”

Recently, the company has joined hands with Japan-based Sekisui Chemical to source CPVC resin for hot and cold water plumbing systems. This tie-up enables Astral to go for backward integration into developing its own CPVC compound.

The company has an extensive supply chain, which includes over 750 distributors and 22,000 dealers across India. The distribution network is increasing in all the product groups, not only in India, but in more than 22 countries like the US, the UK, the UAE, Malaysia, Maldives, and Kenya.

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