Companies

Door maker Profine India expands facility near Vadodara

Our Bureau Ahmedabad | Updated on January 08, 2018 Published on October 06, 2017

Eyes ₹350 crore turnover in next 5-7 years

Profine India Window Technology Pvt Ltd, a wholly-owned subsidiary of Germany-based uPVC (un-plasticised poly vinyl chloride) window and door manufaturer Profine GmbH looks to capitalise on the Government's housing sector push. The company is increasing its production capacity at its Savli facility near Vadodara from 6,000 tonnes of uPVC profiles per annum to 15,000 tonnes per annum by 2022.

Company's Director and CEO, Farid Khan, said: "We have invested a total of ₹95-100 crore since we commissioned the facility in 2013, with five extrusion lines and one foiling line. The new facility holds the capacity of installing upto 15 lines that can produce 15,000 tonnes of uPVC profiles per annum. Looking at the market potential in India, we expect to achieve ₹350 crore turnover in the next 5-7 years."

According to Khan, the company may require additional ₹90-100 crore worth of investments over the next 5-7 years.

Market estimates put the total door and window sector at around ₹8,000 crore, out of which uPVC has about 8 per cent share or roughly around ₹700 crore. Khan stated that the market may grow to about ₹15,000 crore supported by the government initiatives such as housing for all and affordable housing.

"The shift to uPVC is happening from aluminium. This is because uPVC doors and windows have characteristics like being environmentally friendly, longer durability and requiring minimum maintenance. The share of uPVC in total door and windows market may increase to 10 per cent by 2020," added Khan.

Profine manufactures u-PVC window, door profiles and PVC sheets under the brand Koemmerling.

Published on October 06, 2017
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