Hyderabad, Nov. 4 -- Hyderabad based Fabex Steel Structures today announced the commissioning of its second manufacturing unit at Chityal, near Hyderabad.
Built with an investment of Rs 120 crore and spread across 40 acres, the new unit marks a significant step in the company's long-term capacity, and business expansion strategy.
The Chityal facility adds 50,000 MT of annual production capacity, bringing Fabex's total to 100,000 MT across its two units, the company said in a release here.
The company also operates a high-capacity plant in Vijayawada, supporting domestic and export demand for pre-engineered buildings and structural steel solutions.
Fabex plans to invest an additional Rs 100 crore over the next 2-3 years to further enhanc...