In keeping with the government of India's 'housing for all' scheme, CNBC-TV18's Nigel D'souza travelled to Visaka Industries' Nalgonda plant, which focuses on their fibre cement boards business, V-Next that makes products for affordable housing.
In an interview to CNBC-TV18, Vamsi Krishna, Joint MD of Visaka Industries gave the highlights of their new launches and their guidance going ahead.
See huge potential for fibre cement boards business, said Krishna.
He further said that V-Next business could eat into the Rs 20,000 crore plywood market.
Target Rs 250 crore in V-Next business versus Rs 140 crore currently, he added.Watch accompanying video for more details.