Hindware brand sanitaryware maker HSIL has ventured into the household plumbing pipe segment, with the launch of a new manufacturing facility set up at an investment of Rs 1.6 billion (Rs 160 crore) in Telangana.
The plant can currently produce 30,000 tonnes, with provisions to double the capacity by 2022, as the company seeks to emerge as a key player in the CPVC and UPVC pipes and fittings segment.
HSIL had entered into an alliance with Japan's Sekisui Chemical Co. Limited for supply of chlorinated poly vinyl chloride (CPVC) resin. Hindware pipes are being launched under the brand name-FRUFLO.
The domestic market