India’s Aparna to invest in development of aluminum door & window field
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Update time : 2021-06-29 17:36:20
Aparna Enterprises Limited (AEL), an Indian manufacturer of building materials, is planning an investment of 1 billion rupees for the next four years to build a brand called Alteza in the aluminum window and door field, of which 60% will be used to strengthen manufacturing capabilities and 40% will be for R&D and setting up a dealer network.
According to Ashwin Reddy, Managing Director Aparna Enterprises, the size of the Indian aluminum door and window system market is nearly 200 billion rupees and is growing at a CAGR of 7.9%.
Aparna Enterprises aimed to occupy an 8%-10% market share in the aluminum door and window system market in the next four years.
China’s December aluminium production grows 4.2%, leading to 2024 output to 1 million tonnes shy of the production cap
