Aparna Enterprises (AEL) seeks to expand its building-material products manufacturing capacity as it aims to clock gross revenues of Rs 2,000 crore by the end of FY24.
With an investment of Rs 100 crore, AEL has set up a new uPVC manufacturing facility at Rudraram in Hyderabad district, which will increase its production capacity of uPVC from the current 700 tonne to 1,200 tonne a month.
The Hyderabad-based manufacturer is also boosting the company-owned store network and exploring other international markets, such as the US. In addition, AEL has its footmarks in Vietnam, Bhutan and Bangladesh.
Moreover, about 70 percent of its business comes from private developers and 30 percent from government-related projects in India. AEL anticipates exports to promote 10 percent of the group's business over the next two years.