Hyderabad: Along with newly-signed joint venture (JV) partner, Craft Holding, Aparna Enterprises plans to set a manufacturing facility in the city.
The unit, which will come up in Bachupally, will have an initial prodction capacity of 0.6 million sq ft per annum.
However, Aparna Enterprises MD Ashwin Reddy, citing the market for facades and fenestrations, currently pegged at Rs 10,000 crore, is fast growing hinted that the company may ramp up the production capacity depending upon demand.
Intially, the company has budgeted about Rs 30 crore to set up the unit.
The JV plans to leverage Craft Holdings’ design and engineering expertise and the execution capabilities of Aparna to offer aluminium exterior solutions in India....