Aliaxis has announced plans to make an investment of Rs 500 crore in setting up a greenfield facility to make plastic pipes, fittings and accessories in Telangana.
The Aliaxis investment will be made by its group company Ashirvad Pipes. The facility is slated to come up at Chandanvelly.
The proposed greenfield unit will create over 500 job opportunities. The Telangana government has inked MoU with company.
It is also in talks with the Telangana government for setting up a Center of Excellence for manufacturing unit in the state.