Walplast reports strong growth in Homesure GypEX product range
Walplast
Products Pvt. Ltd, a leading name in the building materials
industry, reports strong growth across its Homesure Gyp EX Gypsum portfolio for
the fiscal year. The company's Homesure GypEX Gypsum Plaster range recorded a
year-on-year (YoY) growth of 89%, driven by outstanding gains in key states
such as Rajasthan , Gujarat and Maharashtra. Meanwhile, the Homesure GypEX
Gypsum Board range achieved a significant YoY growth of 62%, with market share
gains in Chhattisgarh and Maharashtra.
Kaushal
Mehta, Managing Director of Walplast, stated, “Our growth this
year highlights the confidence our customers have in our products and the
success of our market-focused approach. By targeting high-growth regions and
utilising our production capacity, we are gearing up to meet the rising demands
of the construction sector. With new projects on the horizon, we are excited
about the path ahead and the opportunities to further elevate our offerings.”
Walplast continues to
strengthen its market presence across India, with operations in critical
markets including Madhya Pradesh, Gujarat, Maharashtra, Rajasthan, Uttar
Pradesh, and Chhattisgarh.
In addition, Walplast has
introduced the most innovative technology of spray plaster, where we not only
produce but also assist the industry by providing application services. This
advancement not only reduces time but also saves money, offering greater
efficiency for our customers.
“We have concentrated on
establishing a robust brand presence and driving product awareness through
engaging marketing campaigns. This year’s strong product growth is a testament
to the strategic initiatives we have executed to enhance our market presence.
We have prioritized listening to our customers and addressing their evolving
needs with superior products and innovative solutions. By refining our
marketing strategies and upgrading our distribution networks, we have been able
to extend our reach and achieve significant traction in both established and
emerging markets.”, said, Aniruddha
Sinha, Sr. Vice President, Marketing, CSR, Toll Manufacturing & Business
Head - P2P Division.
The company was recently in
the news for its investment in capacity expansion and greenfield projects.
These new facilities will increase Walplast’ production capacity by an
additional 800,000 metric tons annually. The company has acquired approximately
3 Lac sq. metres of land for these projects, which are expected to be
operational within the next six to eight months.
With a growing network of over 800 active
distributors, 6,000 dealers, and more than 65,000 influencers, the HomeSure
division remains a preferred choice in the construction sector. Its extensive
product portfolio, which includes Wall Putty, Tile Adhesives, Gypsum-based
products, Construction Chemicals, Admixtures, Paints, and more, continues to
deliver exceptional customer experiences in terms of product performance and
solutions.