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Corporate - New Projects
Superhouse plans Rs 50 cr capex

Our Bureau

New Delhi, June 7

The Uttar Pradesh-based leather products manufacturer Superhouse Ltd plans to scale up its footwear manufacturing capacity to 15,000 pairs per day from the existing 10,000 pairs per day. The company plans to invest Rs 50 crore for the purpose in the next one year. The expansion would be funded through a mix of debt and internal accruals.

To expand the capacity, Superhouse is setting up additional facilities in Agra and Kanpur in UP. For providing raw material for the new units, the company is also planning to set up a tannery in Unnao, offering additional one lakh sq. ft of leather per month.

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