EPack Prefab Technologies has entered into a Memorandum of Understanding (MoU) with the MASCOT South Asia LLP to enhance its capacity with latest technology & automation to achieve the organic growth opportunity in West Region of India. The purpose of signing the said MoU is to facilitate the proposed capacity addition planned by Epack Prefab Technologies, which is intended to be undertaken in the State of Gujrat in collaboration with MASCOT South Asia LLP and the Company.
The company proposes to increase its PEB capacity by around 50,000 tonnes in the first phase. The total proposed investment is to be done in three Phases. In the first phase, the company proposed to invest Rs 110 crore including the investment in land and the investments in the second phase and the third phase to be announced at later stage.
Incorporated in 1999, EPack Prefab Technologies provides Pre-Engineered Building (PEB) solutions, covering design, fabrication, and installation for industries across commercial, industrial, and institutional sectors.