Sintex Industries Share Price

By Yashovardhan Agarwal, Director, Sintex& Managing Director, Welspun BAPL

• Business Standard
• 6 months 1 week ago

Welspun Group is diversifying Sintex, a company acquired through insolvency, into segments including pipes, aiming to corner 5 per cent market share of this highly competitive space in the next seven years, said a company official. The Goenka family-promoted group is now taking brand Sintex beyond its primary plastic water storage tank business to new areas such as pipes and water recycling. It is also working on electrical boxes and has future plans for cable wires for its electrical business. Welspun is aggressive for Sintex's growth, where it is investing to expand its capacity, talent acquisition and optimisation, which will enable it to drive a long-term growth, said Yashovardhan Agarwal, Managing Director, Welspun BAPL & Director, Sintex. "So our plan is to get into all the different categories. We are in the storage for water tanks. We are getting into transportation, which is the full range of pipes. We will get into the treatment of water as well," Agarwal told PTI. The ..

• Business Standard
• 1 year ago

The plant, to be located in Rangareddy district, will manufacture tanks, pipes, auto components, and ancillaries

• Business Line
• 2 years 7 months ago