# Visaka Industries to build new fibre cement board line in Tamil Nadu

Visaka Industries will invest Rs. 100 crore to set up a new Vnext fibre cement board plant in Tamil Nadu, increasing total capacity from 170,000 to 220,000 tonnes. The plant is expected to be completed in 15 months.

- Type: Expansion
- Announced: 2019-08-28
- Where: Tamil Nadu, India
- Value: $14.0M (1.00B INR)
- Starts operating: Nov 2020
- Status: announced
- Capacity: 50,000 tonnes per year (increase from 170,000 to 220,000 tonnes)
- Products: fibre cement board, Vnext board
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

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

## Sources

- [plyreporter.com](https://www.plyreporter.com/article/51101/current-issue), 2019-08-28: "The new plant is a strategic step by Visaka Industries to supply to the growing market demands for the Vnext board."
- [plyreporter.com](https://www.plyreporter.com/article/51101/Visaka-to-Increase-the-Capacity-of-Fibre-Cement-Board-Set-up-a-New-Line-in-Tamil-Nadu), 2019-08-28: "The new plant is a strategic step by Visaka Industries to supply to the growing market demands for the Vnext board."

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