Saint-Gobain’s Gyproc India has commissioned its fourth manufacturing unit in the country at Jhagadia in Gujarat. The new unit has about 30 million square metres pa of gypsum-based plasterboard manufacturing capacity. Presently, the company has three manufacturing plants located in Haryana, Maharashtra and Karnataka with a combined capacity of 52-53 million square metres. The company has invested about Rs 350 crore to set up its fourth plant.
New plant will help the company to enhance its market share considerably where it has a turnover of Rs 1,000 crore. With the concept of green buildings and smart cities gaining ground, Gyproc’s lightweight plasterboard is expected to find increased acceptance due to flexibility it offers to designers and architects. Though the product was initially found acceptance in large-scale commercial businesses, nowadays even large residential construction projects too have started using the product. Apart from hotels, hospitals, large commercial projects, the world’s tallest residential tower coming up at Parel being developed by the Lodha group, World One project designed by Georgio Armani, a Bombay reality project and Panchshil Trump Tower project have all taken to Gyproc.
Gyproc, part of Saint-Gobain group, has been a market leader in the building construction space in India for the last 28 years. The company offers lightweight, high performance solutions for false ceilings, drywall partitions and gypsum plastering solutions. This includes false ceilings, drywalls and gypsum plastering for all habitat spaces: homes, offices, hotels, hospitals, retail spaces, cinemas, industrial warehouses, schools, airports, metro stations and stadiums. The size of India’s plasterboard market is estimated to be around Rs 2,000 crore and Gyproc already has about 60% of its market share.