NCL Industries Ltd has started the commercial production of its latest range of premium doors under the brand name of 'Duradoor,' in its new plant in Malkapur near here, a company official said Friday.
Spread across two lakh sq ft., the plant was built in technical collaboration with AGT, Turkey, with an installed capacity of 1000 doors in a single shift, with an investment of cost of Rs 50 crore, he said in a press conference.
"Duradoor from NCL Industries, in collaboration with AGT of Turkey, is coming to the market with a strategy to meet the rising consumer demand for world-class, robust door solutions in the housing and commercial buildings materials market.
We want to lead the market for serving top of the line products like Duradoor in India.
Our aim is to be the market leader and touch double-digit growth in this segment in the next few years," Ravi said.
Duradoor will be available in the market in a couple of days with a lifetime warranty, a unique feature that no other brand offers now, he said.
Kurtulus Topaloglu, Director, Technical Operations of AGT, Turkey, inaugurated the plant on March 13, a press release said.
A senior official of NCL said the Board of Directors of the company accepted a proposal for setting up "Waste Heat Recovery Power Project" to generate power through the heat energy released from the plant at Kodad in Telangana.
The company will be able to save about Rs 25 crore per annum towards power bill once the proposed plant becomes operational in a couple of years.
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