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Interarch Building Solutions will invest ₹100 crore in a new plant in Andhra Pradesh to build pre-engineered steel structures.
Pre-engineered steel structures are ready-to-use buildings that are made with steel panels and frames. They are manufactured at a production facility and are assembled at the location using bolts.
Interarch Building Solutions is a New-Delhi based construction company that provides turnkey steel structures to clients across sectors.
Context: this plant will produce building structures that will be utilised for data centres, semiconductor plants, and manufacturing facilities. With the Indian government’s commitment to make India a global semiconductor hub, facilities like these will exponentially power the country’s manufacturing capacity.
The deets: the production is slated to begin by the end of Q2 FY27. The facility is spread across 20 acres with a built-up area of 17,000 sq.m. It will have a production capacity of 25,000 metric tonnes.
A medium sized warehouse utilises 500-600 tonnes of PEB steel. So, 25,000 metric tonnes could help build 40-50 such warehouses, rapidly expanding capacity.
Why it matters: India is one of the largest markets for PEB construction, at 9.5% ahead of China which stands at 8.5%. The industry is expected to grow at 12.5% and reach the size of $6.33 billion by 2033.
