Shakti Hormann to invest Rs. 175-cr in fire-rated doors
Doors manufacturer Shakti Hörmann plans to invest Rs 175 crore in setting up a greenfield fire-rated wood and steel doors manufacturing facility in Jaipur, Rajasthan. This state-of-art facility will cater to the commercial and residential doors market. The new facility will come up at Mahindra World City with a capacity to manufacture 1.3 lakh wooden doors per annum and two lakh steel doors per annum. The completion is expected by March 2024 and steel doors manufacturing is slated for July 2024. Shakti Hörmann aims to tap into potential opportunities for expansion, including the production of industrial and other evolving door products to meet the changing market demands.
📅Published on:
03 November 2023
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