6 months ago
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Hyderabad-based Fabex Steel Structures has commissioned a ₹120 crore manufacturing portion successful Chityal, here.
Set up arsenic portion of concern enlargement strategy, the installation dispersed crossed 40 acres for pre-engineered buildings and structural alloy solutions has a capableness of 50,000 tonnes. It takes the company’s full capableness to 100,000 tonnes. Fabex’s archetypal works is successful Vijayawada and caters to some home and export markets. There are plans to put an further ₹100 crore implicit the adjacent 2–3 years to heighten manufacturing capabilities and thrust innovation. The caller portion volition absorption connected producing pre-engineered buildings for concern applications, including factories, warehouses, and logistics infrastructure, the institution said connected Monday successful a release.
“The ₹100-crore follow-on concern volition absorption connected automation, throughput enhancement and merchandise diversification,” co-founder and MD Venu Chava said. With a combined capableness of 1,00,000 tonnes, the institution has the standard to enactment multi-site PEB rollouts and turnkey design-to-installation projects crossed India and overseas. There are plans to diversify into caller segments, said co-founder and CEO I V Ramana Raju.
Fabex, which clocked ₹463 crore gross successful 2024-25, employs 400 radical and plans to treble its workforce to 800 arsenic operations ramp up. It is targeting ₹1,000 crore successful gross implicit 3 years.
