Wienerberger to invest `30 crore in their Karnataka factory
Wienerberger AG, the €3.3 billion global player in the construction sector has announced to invest `30 crore in their Kunigal factory, located in the Tumkur district of Karnataka. The investment will enable the company to support its expansion plans including an upgrade and an implementation of new equipment in the factory, converting to natural gas as a fuel and launch of new building solutions that will enable construction practices to be simplified and faster with less resource consumption.
The Kunigal factory affirms usage of state-of-the-art technology like Robotics and has extremely energy-efficient manufacturing processes. The factory is also highly equipped with a full-fledged in-house laboratory and product development facilities. Currently Wienerberger employs about 250 employees in India. The company is also strongly associated with several CSR activities like providing primary healthcare facilities and affordable housing in the vicinity of the factory.
The company is also constantly looking at new growth opportunities in the Indian market including the launch of new sustainable and future-ready solutions for construction. Monnanda Appaiah, MD, Wienerberger India, adds,“In the last 10 years, despite volatility in real estate market, our plant has always run full capacity. That itself is a proof of the value that our solutions bring to our customers. With the INR 30 Crore investment we will also be upgrading our machinery and install new equipment with latest technology that will enable us to scale up the production by up to 25 percent.” The products manufactured in Kunigal offer significant technical advantages over conventional walling materials apart from being environmentally friendly and cost effective.
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