Newsletter
Afcons shares ended nearly 3% higher after bagging a construction project worth ₹700 crore from Reliance Industries.
The deets: Afcons Infrastructure will execute construction works for Reliance’s Vinyl Projects at Dahej, Gujarat. The Vinyl Projects at Dahej will make more of the material used to produce PVC plastic, which goes into everyday products like pipes, wires, packaging, and building materials.
Why it matters: Reliance is ramping up its Vinyl production capacity in Gujarat, where Dahej is emerging as a major petrochem and manufacturing hub. For Afcons, this deal reinforces its growing role as a trusted EPC partner for marquee clients like Reliance.
