Archive · 6 Jun 2025
Renaatus to Invest ₹250 Crores in Andhra Pradesh
Imagine a company called Renaatus wants to build things in India.
They are investing money in Andhra Pradesh to make special boards called fibre cement boards.
These boards are used in building houses and other structures.
Renaatus will spend ₹250 crore to build a factory that will make 60,000 tonnes of these boards every year.
They plan to sell these boards in southern states and also export them to other countries.
Renaatus also plans to invest more money in the next few years to make even more building blocks and aims to earn a lot of money by 2030.
Renaatus Procon is investing ₹250 crore in Andhra Pradesh.
The investment is for a plant to produce fibre cement boards.
The plant will have a capacity of 60,000 tonnes annually.
The plant will be commissioned in 2026.
The investment is for the construction sector and export market.
- Who
- Renaatus Procon, a subsidiary of Renaatus Group.
- What
- Renaatus Procon is investing ₹250 crore to set up a plant for fibre cement board production.
- When
- The plant will be commissioned in 2026.
- Where
- Andhra Pradesh, India
- Why
- To produce fibre cement boards for the construction sector and export market.
- Company
- Renaatus Procon (subsidiary of Renaatus Group)
- Investment Amount
- ₹250 crore
- Location
- Andhra Pradesh, India
- Product
- Fibre cement boards
- Production Capacity
- 60,000 tonnes annually
- Commissioning Year
- 2026
- Revenue Target by 2030
- ₹3,000 crore-4,000 crore