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Interarch bags fresh PEB orders from Guj

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Vinay Umarji Mumbai/ Ahmedabad
Last Updated : Jan 20 2013 | 2:34 AM IST

With a slew of project being announced in Gujarat, pre-engineered building player Interarch Building Products Pvt. Ltd. is eyeing expansion of business in the state.

Having bagged several new projects including the likes of Oswal Industries Limited and ABB Limited in Ahmedabad and Vadodara, the company is looking at project value worth Rs 10 crore in Gujarat. "So far we have already executed 63 projects in Gujarat including 16 in Central Gujarat, 12 in Kutch, 6 in Saurashtra and 29 in South Gujarat since 2002. However, with new projects being bagged by Interarch in Gujarat, the company is looking at a growth of 15 per cent in terms of turnover in the state," said Gautam Suri, CTO and founder director, Interarch Building Products Pvt. Ltd.

In Gujarat, Interarch has been providing pre-engineered building services on a turn-key basis to companies in sectors ranging from automotive, industrial, logistics and warehousing, and on-road retailing to port infrastructure, power plants and advanced steel construction solutions for major infrastructure projects.

Talking further about Gujarat, Suri said, "In terms of percentage, Gujarat is currently contributing around 4-8 per cent of the overall business. Now that we have a regional office here in Ahmedabad and taking into account the current growth prospects in Gujarat, we would be targeting around 10-12 per cent of revenues from this state in the current fiscal year. Moreover, we expect it to get increased to about consistent 15 per cent over the next 3-5 years."

Among clients in Gujarat, Interarch has been serving the likes of General Motors, Caparo Maruti Ltd, Amvian Automotive Pvt. Ltd, Shayburg Valves Pvt Limited and Esteem Auto Pvt Ltd. in the auto sector. The company has also worked extensively in manufacturing sector for companies like Garima Global Pvt Ltd, Everest Kanto Cylinders Ltd., Asian Granito India Limited, SKF Technologies India Ltd, Poggen-Amp Nagarsheth Powertronics Ltd, Time Technoplast Ltd, HNG Float Glass Ltd, and Apple International in Gujarat. "When it comes to power, Interarch has worked with Voith Siemens Ltd, Welspun Corp Limited, Gujarat Industries Power Company Ltd et al. Even in textile sector also, it has worked for Stovec Industries Ltd.," said Suri.

The company's turnover for the financial year 2011-12, based on current order book, is about Rs 500 crore, growing at 10-15 per cent annually.

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First Published: Sep 21 2011 | 12:10 AM IST

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