World’s Leading Manufacturer And Supplier Of Plaster Board Related Products, Usg Boral Building Products Mulls Expansion In Andhra Pradesh
USG Boral, a world’s leading manufacturer and supplier of plasterboard related products is keen to set up their new plasterboard plant in Andhra Pradesh.
This investment was facilitated by the Andhra Pradesh Economic Development Board, a single point of contact for investments, trade and partnerships in the state of Andhra Pradesh.
USG Boral offers a range of innovative products and systems for commercial and residential ceilings spread across Asia, Australia and the Middle East.
T. Thomas Paul, Director – operation and Kiran Kumar, the ad interim Chief Executive Officer met N Chandrababu Naidu, Hon’ble Chief Minister of Andhra Pradesh and had a comprehensive dialogue with respect to the proposed investment in Andhra Pradesh.
With the proposed investment in Andhra Pradesh, USG Boral intends to leverage its world-leading technology in the products build at this facility. The total proposed investment is INR 300 crore in Phase 1 and the company is keen on expanding this plant further.
USG Boral articulated the uniqueness of the proposal and scale of the investment to Andhra Pradesh and sought the support of the state government in making their investment competitive and feasible.
The Hon’ble Chief Minister said that ‘Andhra Pradesh has made steady progress in developing export-oriented manufacturing industries, the state will emerge as a hub for labour-intensive industries as global players are paying attention to Andhra Pradesh’s manufacturing competitiveness”
Mr. J. Krishna Kishore, Chief Executive Officer, Andhra Pradesh Economic Development Board said “USG Boral finds synergies in investing in Andhra Pradesh as the state of embarking on a next phase of industrialization and the state is well poised to be a right catalyst for USG Boral’s larger expansion strategy”
USG Boral is also keen on co-investing with government and local builders in upgrading the skills of local workers to build world class construction skills.