The facility is part of the company’s expansion strategy and is expected to generate over 2,000 jobs in India.
UAE-based Mulk Holdings has commissioned a $10 million plant to manufacture Alubond Composite Panels (ACP) in the Indian city of Mumbai.
Spread over 10 acres, the plant will primarily serve the growing Indian construction market, the company said in a statement.
The $10 million investment marks the development of the first phase of the plant, which will have a production capacity of one million square meters of composite panels per year when complete.
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