"We have plans for a manufacturing facility in the east by 2017-18. We will consider West Bengal for our eastern plan and looking to invest somewhere between Rs 75-100 crore, " Prince GM Marketing Hemant Kumar told PTI.
The company currently has six plants in south, west and north India with a total capacity of 90,000 mtpa. The new facility will help the company to have a greater competitive edge in the eastern region.
Kumar said by 2017-18 it will able to garner critical volume for feasibility.
The company has tied up with Polish firm Trelleborg for sealants. Prince will use sealants in its premium pipes from Poland with this tie up, which is for a period of one year.
Trelleborg Business Development Manager Asia Pacific Martin Boerma said, India is an important market over China.
"China is not willing to pay for quality but Indian market values quality," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
