# 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%.

- Type: Investment
- Announced: 2025-03-10
- Where: Hyderabad, Chennai, Cuttack, Durgapur, India
- Value: $66.0M (5.50B INR)
- Status: announced
- Capacity: increase from 300,000 to 400,000 tonnes per annum
- Products: pipes, fittings, water tanks
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Aliaxis](https://endata.com/companies/2060.md)
- [Ashirvad Pipes](https://endata.com/companies/9268.md)

## Sources

- [newsdrum.in](https://www.newsdrum.in/business/belgian-company-aliaxis-to-invest-over-rs-550-cr-in-india-for-expansion-8840718), 2025-03-10: "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."

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