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Shakti Hörmann, a commercial, industrial and residential door manufacturing company, has said it is investing ₹175 crore to set up a two-lakh sq ft manufacturing plant at the Mahendra World City in Jaipur.
“It will have a capacity to manufacture 1.30 lakh doors a year,” Shashidar Reddy, Managing Director of Shakti Hörmann, said.
The new plant will become operational in the second quarter of 2024. The Hyderabad-based company launched on Wednesday a new product range for the business-to-business and business-to-consumer segments. It opened two experience centres (OpenXperience centres) in Hyderabad and New Delhi.
“Branded factory finished doors and exclusive experience stores are non-existent in India. Given the changing demand and requirements of this market especially the growth of the high-rise apartment complexes, the need of the hour is OpenXperience centres to help consumers get a feel of the doors,” he said.
The company currently has a capacity to produce over two lakh custom-made doors, door frames, and over 10,000 industrial doors a year.
The company, which sells 1.10 lakh doors a year, registered a turnover of ₹270 crore last year.
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