May - 2017
Kakinada, MAY 24: Another factory will be coming up in Andhra Pradesh. The Real estate company Aparna Group is all set to establish a tile manufacturing unit at Peddapuram in East Godavari district of Andhra Pradesh. The cost of the plant is said to be RS 320 crores.
The two-decade-old Hyderabad-based company currently manufactures CPVC windows, sanitary ware, 12 ready mix concrete units, brick-making, doors, and windows. Sources say this is the first time that the company wants to establish a new greenfield tile plant.
S.S. Reddy, Chairman and Managing Director of Aparna Group, said that “The company is getting ready for the future by focussing on construction”. He also said that we have invested Rs 200 crores for the new plant in the AP.
Finally, the company hopes that the new venture they would set up be a grand success.