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Pokarna's subsidiary to invest Rs 440-cr for plant capacity expansion

Thursday, 14 Nov 2024
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Pokarna's wholly-owned subsidiary Pokarna Engineered Stone (PESL) is set to make an investment of Rs 440 crore to add another 8.1 lakh sq. mtrs. of capacity at its facility in Mekaguda in Telangana.  

The expansion to be implemented by Q4 of financial year 2025-26, is aimed at meeting the growing demand for premium quartz surfaces globally, while also enhancing its production capacity and operational efficiency. 

The new line is set to be operational by March 2026, and will cater to the requirement for innovative products, as the company will introduce its third Bretonstone production line from Breton SpA of Italy. 

The funding will be through internal accruals and debt. The investment further reflects PESL's endeavour to serve the global market with products which blend sustainability with superior craftsmanship. 

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