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    Skipper's Gujarat PVC pipe facility comes up

    City-based power and water transmission equipment maker, Skipper, on Friday said it has put up a new PVC pipe manufacturing facility in Gujarat.

    April 18, 2015 / 10:49 IST

    City-based power and water transmission equipment maker, Skipper, on Friday said it has put up a new PVC pipe manufacturing facility in Gujarat.

    The company, in a statement, said this is the first time it has set its foot outside eastern India, with this Rs 10-crore facility.

    "The Indian PVC pipes and fittings market is pegged at Rs 20,000 crore by FY19, growing 7-8 percent per annum. Apart from a Rs 10-crore capex, the company will pump in Rs 50 crore for working and marketing requirements," Skipper director Devesh Bansal said.

    The PVC business of the company has notched up a phenomenal 100 percent growth, outstripping the industry figure of 8 percent and capturing a significant share in the eastern zone, the company said.

    first published: Apr 18, 2015 10:49 am

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