# Finolex Industries opens ₹100 crore PVC fittings plant in Pune

Finolex Industries has commenced commercial operations at a new PVC fittings manufacturing facility in Pune, Maharashtra, with an annual capacity of 12,000 metric tonnes. The plant required an investment of approximately ₹100 crore, funded through internal accruals.

- Type: New facility
- Announced: 2023-03-12
- Where: Pune, Maharashtra, India
- Value: $12.1M (1.00B INR)
- Starts operating: 12 Mar 2023
- Status: completed
- Capacity: 12,000 metric tonnes per annum
- Products: PVC fittings (couplers, elbows, tees, reducers, connectors)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [FinOlex Industries](https://endata.com/companies/22297.md)

## Sources

- [business-news-today.com](http://business-news-today.com/finolex-begins-commercial-operations-at-pvc-fittings-facility-in-pune/), 2023-03-12: "Finolex Industries Limited has commenced commercial operations at its newly commissioned PVC fittings manufacturing facility in Pune, Maharashtra."

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