Commenting on the proposed investment, Ravi Balakrishnan, Managing Director, aluplast India, said, “aluplast is at the forefront of innovation and has brought new momentum to the industry. India is one of the top 5 markets for aluplast in Europe and this investment will bolster India’s ambitious plans to ramp up its operations to meet the growing demands and expectations for uPVC window profile systems in the India and Asian markets.”
L-R Babak Golriz, Head of Expanding Markets, Africa, Middle East, Asia & Australasia, aluplast GmbH Ravi Balakrishnan, Managing Director, aluplast India
Babak Golriz, Head of Expanding Markets, Africa, Middle East, Asia & Australasia, aluplast GmbH, added, “India is a key market for us and is at the forefront of our ambitions in Asia. Investments in the Indian affiliate present a huge opportunity to harness technological advancements and push the boundaries of innovation to create products that are futuristic, yet versatile and regionally rooted.”
During its participation as Supporting Partner at the recently held ZAK Doors and Windows Expo in Mumbai, aluplast announced the launch of two new Made-in-India uPVC windows and door products – the Prima Slide and Ideal 1000 range of products. The Prime Slide is available in 2 and 3 track with additional track options. The Ideal 1000 range has a 3-chamber profile system with outward opening windows and accommodates glass up to 24 mm in thickness. Both the product ranges stand out for their durability, minimal maintenance, and energy efficiency and are engineered to perform in the diverse climatic conditions of India thereby ensuring long-lasting performance for homeowners and builders.
aluplast India recorded a turnover of Rs. 800 million last year, while globally the company posted a turnover of over 600 million euros.