Everest Industries plans Rs 60 crore expansion in Nashik

Everest Industries plans Rs 60 crore expansion in Nashik
01/07/2016 , by , in ALLIED

Buildings solution providing firm Everest Industries Ltd said it will expand its existing Nashik facility with

60 crore investments in the next two years.

Moreover, the company is setting up a solar power generation project with 2 MW capacity at the unit at Rs 12 crore investment.

Everest Industries managing director, Manish Sanghi said, “We are engaged in providing complete building solutions, including roofing and boards, with eight manufacturing facilities in the country, including Nashik being our major manufacturing unit. Of our total annual sales turnover of Rs 1,313 crore, the Nashik plant contributes Rs 150 crore. We are planning to expand our existing Nashik facility with total investment of Rs 60 crore investments in the next two years.”

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