Aparna Enterprises plans to invest INR 50 crores to expand its aluminium business

Aparna Enterprises, India's fastest-growing construction materials company, plans to spend INR 150 crores in FY24 to expand its operations and match the industry's increasing demand. A further INR 50 crores will be invested in Aparna Enterprises' tile, ready-mix concrete (RMC), and aluminium operations. This strategic commitment demonstrates the company's constant commitment to producing high-quality goods and services that meet India's ever-changing infrastructure demands.

The business intends to invest INR 100 crores in creating a cutting-edge uPVC factory in Rudraram, Hyderabad, to expand the monthly output of uPVC profiles by 70 per cent, from 700 tonnes to 1,200 tonnes, and windows by 150 per cent, from 20,000 square metres to 50,000 square metres. Aparna Enterprises is well-positioned to address this demand with its comprehensive product offering, which includes tiles, RMC, uPVC doors and windows, uPVC profiles, and aluminium doors and windows.

"With our business footprint spread across the country, we are determined to provide comprehensive solutions to every person and institution's diverse infrastructural needs. Our ambitious growth plans are driven by our continuous efforts to offer the best products under the Aparna Enterprises banner. We are confident that our investment in the new uPVC facility and the expansion of our tiles, RMC, and aluminium businesses will enable us to cater to the evolving needs of our customers while strengthening our market presence. We are targeting a revenue of INR 2,100 crore by the end of this financial year," said Mr Ashwin Reddy, Managing Director, Aparna Enterprises Limited.

The firm realises the potential of these growth prospects and intends to capitalise on them to strengthen its market position. The building materials sector is expanding rapidly due to urbanisation, infrastructural expansion, and rising real estate demand. Over the next five years, the industry is expected to increase by 8-12 per cent. As cities grow and modernise, the need for high-quality construction materials grows.

Aparna Enterprises has established its RMC Company in Mumbai, with operations set to begin in July 2023, as part of a deliberate drive to enter the Western market. This expansion will help the organisation to capitalise on the region's growth potential and further expand its footprint. Furthermore, the firm intends to expand its Alteza (aluminium doors and windows) business by adding new dealers in major cities such as Delhi, Mumbai, Goa, Pune, Kerala, Tamil Nadu, Andhra Pradesh, and Telangana. These activities are part of the company's commitment to expanding its footprint and seizing new market possibilities.

Aluminium use in the building and construction industry is expected to reach 21.8 million tonnes by 2023. Globally, the building & construction sector is the major end-user application of aluminium extrusions, accounting for 57 per cent of the total usage. To know more on the importance and usage of aluminium in construction for 2023, see AL Circle's recently launched e-Magazine, 'Aluminium – Revolutionising the Construction Sector.'