CK Birla Group’s flagship company, BirlaNu (formerly HIL), plans to invest USD 150 million (Rs 1,300 crore) to drive growth and achieve its target of becoming a USD 1 billion (Rs 8,600 crore) company by 2028. The Delhi-based firm will focus on expanding manufacturing capacities and acquisitions to accelerate growth.
It currently operates 31 manufacturing plants in India and two in Germany and Austria. “Investing across our product lines such as pipes, construction chemicals, and flooring and focusing on global growth is going to be important," President of BirlaNu, Avanti Birla said.
The company operates in the building solutions sector - including construction chemicals, roofing, flooring, and piping.
BirlaNu acquired Germany-based Parador in 2018 to expand its global flooring solutions business. With a strategic focus on innovation, operational efficiency, and global expansion, BirlaNu is positioning itself to strengthen its market presence and drive long-term growth.