$11 million invested by Haiqu for Udaipur plant


$11 million invested by Haiqu for Udaipur plant

A plant to develop premium polish for the quartz surfaces in Udaipur.
 
$11 million invested by Haiqu for Udaipur plant
The company is a joint venture between Aravali Group and Gattani Group.
 

Haiqu Quartz has invested over USD 11 million to establish a plant to develop premium polish for the quartz surfaces in Udaipur.
"We have two production lines with a production capacity of 5 million sq ft. The total production capacity will be 7.5 million sq ft. Out of which we are targeting 4 million for the Indian market," said Siddhant Lunawath, co-founder of the company.
"We will open a distribution centre in all metro cities in the first three months & next 6-12 months in all A category cities will be covered,” added Lunawath.

Quartz is one of the hardest materials on the planet.

"Engineered Quartz surfaces use a scientifically calibrated mix of natural substances like quartz grains with resin to create a non-porous, super-strong material that can be developed in different colors, patterns, textures, and finishes," said Saumya Gattani, co-founder of the company. The company is a joint venture between Aravali Group and Gattani Group.

(Note: The article has been published unedited from EconomicTimes. Only the headline has been changed. )


 

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