Roca India to invest ₹400 cr. on capacity expansion in Tamil Nadu
Major Spanish sanitaryware company Roca Group stated it would invest ₹400 crore in Tamil Nadu for global technical centre upgrades, capacity development, and process automation. According to the plan, the investment is being made at the Perundurai plant to upgrade the Global Technical Centre in Sriperumbudur, expand the capacity of pipes and fittings, and automate the process of making plastics and sanitaryware. Speaking with State Chief Minister M.K. Stalin and the visiting delegates in Madrid, Roca India Managing Director K. Nirmal Kumar stated that all of these investments should be finished by year's end.
Source: Roca