The Economic Times

Sakarni Plaster to invest Rs 450 cr on expansion; to set up 2 building material plants

Sakarni Plaster has announced an ambitious plan to invest Rs 450 crore over the next two years. This investment will focus on establishing new manufacturing facilities for gypsum boards and paints, while also expanding the capacities of existing plants to cater to rising demand. The funding will be sourced from internal accruals and bank loans, reinforcing the company's strategy to consolidate its market position in India's building materials sector.