Katerra Construction plans ₹700-cr plant in Telangana
Adding to its India footprint, the US-based design and technology construction company Katerra is setting up an integrated manufacturing plant at Shadnagar in Telangana at an investment of ₹700 crore. The factory will manufacture 8 million sq ft of prefabricated building components and fittings every year with robotic assembly line production. President-Asia and Middle East, Katerra, Ash Bhardwaj, informed that on completion by March 2020, the 50-acre plant will be Katerra's second automated factory in India after the Krishnagiri plant in Tamil Nadu, besides a movable onsite factory in Lucknow. The Shadnagar factory will bring Katerra’s technology solutions for construction of residential projects, commercial office buildings, hotels, malls, hospitals, schools and industrial parks across Telangana and will also serve other parts of south India. Going forward, the company also plans to invest in setting up factories in the Mumbai-Pune region and in the NCR.
📅Published on:
09 August 2019
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