May 1, 2009

Filed under: General, RFQs, SIPs, Wall and Roof Panels, insulated panels — Tags: , , — admin @ 2:41 pm

MecTecno, Italian based manufacturer is planning to invest around $7 million into upgrading its Chennai, India facility and opening a new plant in the north or western part of India.

The company has been manufacturing sandwich panels in India since 2007, primarily for the prefab industry. The company has invested $10 million in the Chennai, India sandwich structure facility thus far.

The sandwich panel market in India is estimated at $120 million, and is expected to grow 10-15%.

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