# Visaka Industries to build ₹100 crore Vnext board plant in Tamil Nadu

Visaka Industries announced a new plant for Vnext boards in Tamil Nadu with an investment of ₹100 crore, increasing capacity from 170,000 MT to 220,000 MT. The plant will be completed in 15 months.

- Type: Expansion
- Announced: 2019-06-25
- Where: Tamil Nadu, India, India
- Value: $14.4M (1.00B INR)
- Starts operating: Sep 2020
- Status: announced
- Capacity: 50,000 MT (from 170,000 to 220,000 MT)
- Products: fibre cement boards, Vnext boards
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Visaka Industries](https://endata.com/companies/35320.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/visaka-industries-to-commission-100-crore-plant-in-tamil-nadu/article28134224.ece), 2019-06-25: "Visaka Industries Ltd has announced the expansion of its Vnext division with a new plant for 'Vnext boards' in Tamil Nadu."
- [constructionweekonline.in](https://www.constructionweekonline.in/business/10403-visaka-industries-to-commission-rs-100-crore-plant-for-vnext-boards-in-tamil-nadu), 2019-07-08: "Vnext's new plant in Tamil Nadu is a part of our expansion plans of the Vnext division."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.