Hyderabad, Feb. 14 -- VEKA Germany, a global leader in the uPVC profile industry, on Friday said that it has successfully acquired 100% ownership of the Hyderabad-based NCL Venka Private Ltd Company, the market leader in uPVC profiles.
VEKA plans to invest up to Rs 100 crores in India over the next six years to drive innovation and expansion, the company said in a release.
The company's vision is to remain the market leader in uPVC profiles, delivering high-quality, sustainable solutions to meet the growing demands of India's construction and real estate sectors.
With VEKA now holding 100 per cent control, following a takeover of the remaining 50 per cent stake previously held by NCL and other shareholders, the company said in a release ...