Aliaxis to invest over Rs 550 crore in India for expansion

Belgium-based Aliaxis, through its subsidiary Ashirvad Pipes, will invest over Rs 550 crore in India over two years. This includes Rs 400 crore for two new greenfield facilities in Hyderabad and Chennai, and Rs 150 crore for expanding existing plants in Cuttack and Durgapur, increasing capacity by nearly 30%.

“Belgium-based fluid management major Aliaxis... will invest over Rs 550 crore in India over the next two years, focusing on both greenfield and brownfield projects to augment its capacity by nearly 30 per cent.”newsdrum.in

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• newsdrum.inBelgian company Aliaxis to invest over Rs 550 cr in India for expansionNewsDrum DeskMar 10, 2025

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