Walplast continues to Expand Capacities & Demonstrates Strong YoY Growth in HomeSure Portfolio
Walplast Products Pvt. Ltd,
a prominent leader in building materials production and the third-largest
manufacturer of Wall Putty in India, proudly announces significant moves in its
capacity expansion plans.
In line with its growth
strategy, Walplast has recently commercialised two new plants, reinforcing its
manufacturing capabilities in the South. The plants located in Chennai and
Perundurai, Tamil Nadu, specialise in White Products and boast capacities of
150,000 metric tonnes per annum and 180,000 metric tonnes per annum,
respectively. Going ahead, the company is set to add two more plants in the
upcoming fiscal 2024-2025, further consolidating its position in the market.
The first of these two
plants, scheduled for June 2024 is located in Nanhwara, Katni, Madhya Pradesh,
will house a Grinding Unit for Wall Putty and White Products. With an
impressive capacity of 600 metric tonnes per day and 216,000 metric tonnes per
annum, this state-of-the-art facility will feature cutting-edge technologies
such as the latest Vertical Roller Mill GU and a high-intensity blender. It
will also include a sewage treatment plant, demonstrating Walplast' commitment
to environmental sustainability. Simultaneously, in June 2024, the company will
also open a plant in Khapoli,
Maharashtra, adding Grey Products (Tile Adhesive, Block Jointing Mortar &
Ready Mix Plaster) to its portfolio, with an annual capacity of 100,000 tonnes.
Walplast' HomeSure
portfolio has experienced remarkable Y-o-Y growth across various product
categories, reflecting its commitment to meeting the evolving needs of
customers. Impressively, Our Homesure Tile Ex Tile Adhesive brand recorded a
51% volume increase, with the highest growth observed in Rajasthan, followed by
Maharashtra, Gujarat, Punjab, and Tamil Nadu. Similarly, the Homesure WallEx
AAC Blocks experienced a remarkable 151% growth in Tamil Nadu, while Homesure
GypEx Gypsum Plaster saw a substantial 101% increase in volumes.
Additionally, Our Homesure
Scratch Ex Textures boasted a notable 35% volume growth in Jharkhand. Our
Homesure GypEx Gypsum Boards portfolio also saw a commendable 24% rise in
volumes across Maharashtra, Gujarat, and Madhya Pradesh. The company also
successfully launched two new products last year, namely Homesure W-shield
(Waterproofing solutions) & Homesure Master Touch Paints (Emulsions,
Primer. Distempers), further diversifying its product portfolio and
consolidating its position as a leader in the industry.
Mr.
Kaushal Mehta, Managing Director, stated " Our recent
expansions and the enhancement of the HomeSure portfolio exemplify the fusion
of innovation and customer-centricity, resulting in impressive year-on-year
growth across various categories. These advancements go beyond mere expansion;
they embody our steadfast commitment to delivering excellence. With the
introduction of new plants equipped with state-of-the-art technologies, we are
not only optimising our production capabilities but also setting new benchmarks
for the industry. Each step in our growth represents a move toward a future
where quality, innovation and sustainability are intrinsic to our ethos. It is
gratifying to witness the tangible impact of our efforts as we continue to
catalyse progress in India's dynamic construction landscape."
With a network of 800+
active Distributors, 6000+ Dealers, over 65,000 influencers and exporting to
more than 23 countries, the Homesure division continues to be a preferred
choice in the construction ecosystem, providing superlative customer
experiences on product performance, solutions, and services.