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Business EconomyPosted at: Nov 12 2024 9:03PM


Pokarna announces strategic investment of Rs 440 cr to expand facility in Telangana

Hyderabad, Nov 12 (UNI) Pokarna Engineered Stone Limited (PESL), a wholly-owned subsidiary of Pokama Limited, a leader in premium engineered stone, on Tuesday announced a strategic investment of Rs. 440 crores to enhance its advanced manufacturing capabilities at its state-of-the-art facility in Mekaguda, Telangana.
This investment was approved by the Board of Directors of the company, at its meeting held today to expand its facility in Telangana , in line with PESL's growth strategy to meet increasing market demand, the Hyderabad based company said in a release here.
This expansion will introduce PESL's third Bretonstone production line from Breton S.p.A. of Italy, setting a new benchmark in both capacity and sustainable manufacturing.
Set to be operational by March 2026, the new line will empower PESL to meet the surging demand for innovative products while reinforcing the company's commitment to environmental stewardship and manufacturing excellence.
This investment reflects PESL's ongoing mission to provide the global market with products that merge sustainability with superior craftsmanship.
When PESL launched Unit 2 in March 2021, the facility was designed with scalability in mind.
Gautam Chand Jain, Chairman and Managing Director of PESL, highlighted the significance of this expansion, stating, "For PESL, growth is not just about increasing capacity; its about advancing with purpose. This new chapter empowers us to champion sustainable innovation, creating premium surfaces that honour our commitment to quality and environmental responsibility”.
With this investment, PESL solidifies its position on the global stage as a brand synonymous with excellence, integrity, and purpose, he added.
Paras Kumar Jain, CEO of PESL, said " We are dedicated to producing surfaces that reflect both craftsmanship and conscience, embodying our vision of a brighter, more responsible future. This expansion marks an exciting milestone in our journey to redefine quality and innovation in the engineered stone industry”
A globally recognized manufacturer of premium quartz surfaces, PESL serves diverse markets across North America, Europe, and Asia, setting industry benchmarks in quality and innovation.
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