Everest Industries is planning to set up its second manufacturing plant for pre-engineered buildings at Dahej in Gujarat. The said plant, with an annual production capacity of 60,000 tonnes, will target projects in Gujarat, Maharashtra, Goa, Madhya Pradesh and Chattisgarh, besides parts of Rajasthan and the southern States.
The new project involves an investment of around Rs 50 crore and the company will fund the said amount equally through internal accruals and external commercial borrowing (ECB).
Everest Industries provides the world-class building solutions to meet construction requirements, in the Industrial, commercial and residential sectors. The company’s clients include Britannia, General Motors, Walmart, Carrefour, Cadbury, Honda, Vodafone and Priya Gold.