India: Building materials producer BirlaNu has announced that it will build a greenfield fibre cement board plant in the Nellore district of Andhra Pradesh. The producer will invest about US$14.2m in the first phase to establish the unit, which is expected to create about 600 jobs, according to local press. The plant will use fly ash from coal-fired power plants.
Managing director and CEO Akshat Seth said “Our new fibre cement board plant in Nellore marks an important milestone in BirlaNu’s expansion journey. It strengthens our manufacturing footprint and generates meaningful employment.”
