1st May
2009
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%.
More Information: