Truflo starts production at Hyderabad plant
Set up with an initial capacity of 45-50 lakh litres per month and expand as the brand forays deeper into the markets and as more the demand increases
Rajesh Pajnoo, CEO, Truflo Pipes at a press event in Telangana
Hyderabad: Truflo by Hindware, plastic pipes and fittings brand in India, on Tuesday announced the manufacturing of overhead water storage tanks from its Telangana plant with an initial capacity of 45-50 lakh litre per month to cater to the southern market.
Rajesh Pajnoo, CEO, Truflo pipes, said, "In a short span of 3 years, Truflo has set new quality benchmarks in the industry focusing on consumer centric products with our deep R&D. We are proud to manufacture the water tanks at our start-of-the-art facility in Telangana where we have support of people and Government. Our products are manufactured strictly in accordance with industry standards.
Our expertise along with strong manufacturing process will play a pivotal role in strengthening our overall market prsence". Multiple factors including the increased focus on construction in recent years along with the growing need to improve the existing water infrastructure are seen as the top growth drivers. And the water tanks market is expected to grow at a steady rate of 10 per cent over the next few years in India.
The manufacturing plant in 10 acres at Isnapur, here is a fully automated facility compliant with the IGBC and GreenCo norms. Truflo services are majorly focused on southern India, accounts for about 50-60 per cent. The company posted sales of Rs 270 crore for previous year and Rs 430 crore sales, this year to date for 9 months in current fiscal with a growth of 63 per cent against last year.
