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Building material company USG Boral to invest Rs 3 bn in Sri City

The company holds groundbreaking ceremony, marking the start of construction of its plasterboard plant

Building material company USG Boral to invest Rs 3 bn in Sri City
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T E Narasimhan Chennai
USG Boral Building Products India Ltd, a plasterboard, metal, joint compound, putty and mineral fibre ceiling products company, plans to invest Rs 3 billion at Sri City. The company held a groundbreaking ceremony on Thursday, marking the start of construction of its plasterboard manufacturing plant in Sri City. 

The plant will be built on a plot of 24 acres at an initial investment of Rs 3 billion, will allow for 30 million square metre of plasterboard capacity in a standalone facility. The plant is expected to be ready with in 18 months and would create job opportunities to about 100 persons. 

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