Latest news with #EPACK
Business Upturn
08-07-2025
- Business
- Business Upturn
EPACK Durable starts commercial production of washing machines at Sri City plant
By Aditya Bhagchandani Published on July 8, 2025, 18:56 IST EPACK Durable Limited announced on July 8, 2025, that it has commenced commercial production of washing machines at its Sri City plant in Andhra Pradesh. In a regulatory filing with the stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company stated that this step marks the utilization of its enhanced capacity at the facility. This follows the company's earlier intimation, dated April 9, 2025, where it had outlined its plans to expand production capabilities. The Sri City plant, located in Chittoor district, is one of EPACK's key manufacturing hubs alongside its other units in Dehradun, Uttarakhand and Bhiwadi, Rajasthan. The company noted that the commencement of production is in line with its growth strategy and is expected to strengthen its position in the consumer durable sector. The disclosure was signed by Jyoti Verma, Company Secretary & Compliance Officer, and the update has also been made available on the company's website: EPACK Durable is a leading manufacturer of consumer electronics and appliances in India, catering to domestic and international markets. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Entrepreneur
25-06-2025
- Business
- Entrepreneur
EPACK Durables to Invest 500 Crore to Expand Beyond Core AC Business
AC's contribute more than half to the overall business growth, however, anticipating a drop in the segment in the coming few years, the company is looking at reducing dependence on a single portfolio Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Over the years, EPACK Durable, has evolved from being an air conditioner (AC) manufacturer to a full-fledged home appliances company. With its AC's contribution coming down from 80 percent to 70 percent last year, and likely to reduce further around 60 percent, EPACK is reducing dependence on seasonal demand. AC's contribute more than half to the overall business growth, however, anticipating a drop in the segment in the coming few years, the company is looking at reducing dependence on a single portfolio. In the next 12–18 months, the company plan to invest INR 400–500 crore as part of its expansion plans. Its other segments such as large domestic appliances, like air coolers, washing machines, and small kitchen appliances like mixer grinders and induction cooktops, are expanding at a fast pace. "This year alone, we are launching three new products- washing machines, air fryers, and nutri-blenders as part of our portfolio expansion efforts. This evolving product mix positions us well to offset the seasonality in AC demand and drive more stable, consistent growth across our broader appliance portfolio," said Ajay DD Singhania, MD & CEO, EPACK Durable. The new investment of INR 400–500 crore, will be used to expand capacity at Southern and Northern plants. In addition to this, it is also working towards setting up a dedicated manufacturing facility for its new partnership with Hisense, for manufacturing both ACs and other appliances. Non-AC seasonal products are a big focus and it is growing more than 100 percent year on year (YoY). "We have set up a new line for air-fryers in our Bhiwadi facility, with an output of producing 400 air-fryers every hour. We received a great response and the company is currently manufacturing air-fryers for two of the biggest home appliances companies in India," he added. Last year, EPACK Durable closed a revenue of INR 2,170 crore. It aims to reach a revenue milestone of INR 5000 Cr over the next three years. Although, the overall market of AC, saw a de-growth of around 15-20 percent this year, there is a renewed surge demand in June. To manage the situation proactively, production was put on hold for June to prioritize liquidating existing inventory. "With overflow inventory now beginning to clear and market movement improving, we expect better visibility and a potential ramp-up in production from July onwards." Over the past few years, EPACK Durable has evolved into an ODM (original design manufacturer) and OEM (original equipment manufacturer) company, driven by consistent investments in backward integration across key components. "Today, EPACK Durable stands out with one of the highest levels of backward integration in the industry. In the AC segment, we produce nearly all critical components in-house—including heat exchangers, copper-fabricated parts, cross-flow fans, and more—with compressors being the only major element sourced externally." Moving ahead, it plans to strengthen product portfolio with nutriblenders, coffee makers and vacuum cleaners. Additionally, the components business is also gaining momentum. "Earlier, our motor and controller capabilities were for internal use; now we are offering them as products to other customers, which are contributing significantly to the growth," the CEO said, explaining the future projects. Over the years, EPACK Durable, has evolved from being an air conditioner (AC) manufacturer to a full-fledged home appliances company. With its AC's contribution coming down from 80 percent to 70 percent last year, and likely to reduce further around 60 percent, EPACK is reducing dependence on seasonal demand. AC's contribute more than half to the overall business growth, however, anticipating a drop in the segment in the coming few years, the company is looking at reducing dependence on a single portfolio. In the next 12–18 months, the company plan to invest INR 400–500 crore as part of its expansion plans. Its other segments such as large domestic appliances, like air coolers, washing machines, and small kitchen appliances like mixer grinders and induction cooktops, are expanding at a fast pace. "This year alone, we are launching three new products- washing machines, air fryers, and nutri-blenders as part of our portfolio expansion efforts. This evolving product mix positions us well to offset the seasonality in AC demand and drive more stable, consistent growth across our broader appliance portfolio," said Ajay DD Singhania, MD & CEO, EPACK Durable. The new investment of INR 400–500 crore, will be used to expand capacity at Southern and Northern plants. In addition to this, it is also working towards setting up a dedicated manufacturing facility for its new partnership with Hisense, for manufacturing both ACs and other appliances. Non-AC seasonal products are a big focus and it is growing more than 100 percent year on year (YoY). "We have set up a new line for air-fryers in our Bhiwadi facility, with an output of producing 400 air-fryers every hour. We received a great response and the company is currently manufacturing air-fryers for two of the biggest home appliances companies in India," he added. Last year, EPACK Durable closed a revenue of INR 2,170 crore. It aims to reach a revenue milestone of INR 5000 Cr over the next three years. Although, the overall market of AC, saw a de-growth of around 15-20 percent this year, there is a renewed surge demand in June. To manage the situation proactively, production was put on hold for June to prioritize liquidating existing inventory. "With overflow inventory now beginning to clear and market movement improving, we expect better visibility and a potential ramp-up in production from July onwards." Over the past few years, EPACK Durable has evolved into an ODM (original design manufacturer) and OEM (original equipment manufacturer) company, driven by consistent investments in backward integration across key components. "Today, EPACK Durable stands out with one of the highest levels of backward integration in the industry. In the AC segment, we produce nearly all critical components in-house—including heat exchangers, copper-fabricated parts, cross-flow fans, and more—with compressors being the only major element sourced externally." Moving ahead, it plans to strengthen product portfolio with nutriblenders, coffee makers and vacuum cleaners. Additionally, the components business is also gaining momentum. "Earlier, our motor and controller capabilities were for internal use; now we are offering them as products to other customers, which are contributing significantly to the growth," the CEO said, explaining the future projects.
The Hindu
07-06-2025
- Business
- The Hindu
EPACK Prefab opens Sandwich Panel manufacturing plant in Tirupati district
EPACK Prefab Technologies Limited, a pre-engineered and prefabricated building solutions provider, opened its sandwich panel manufacturing facility at Mambattu in Tirupati district of Andhra Pradesh. The new plant, built on a 2,83,660 sft land parcel with a built-up area of 1,49,151 sft, is designed to meet the demand for energy-efficient, high-performance sandwich panels which are used in sectors such as cold storage, food processing, clean rooms, and industrial infrastructure. The facility enhances EPACK's production capacity by adding 8 lakh sqm per annum, taking the company's total sandwich panel capacity to 13.10 lakh sqm per annum. The Mambattu plant features a fully automated, continuous production line and the technology ensures high precision, minimal manual intervention, enhanced product quality, and reduced material waste, said Sanjay Singhania, Managing Director & CEO of EPACK Prefab. 'We are proud to align with key national missions such as Make in India, Aatmanirbhar Bharat and PM Gati Shakti,' he said. The company is targeting a 30% to 35% market share in the prefabricated sandwich panel segment by the end of this fiscal year, propelled by its growing capacity and deeper regional penetration, Mr. Singhania said, adding that the plant, armed with an investment of ₹56 crore (excluding land cost), enhanced EPACK's ability to meet customer requirements with speed, scale, and efficiency. The facility is aligned with EPACK's goals of sustainable manufacturing. It operates under approvals from the Tamil Nadu State Pollution Control Board in compliance with the Water (Prevention and Control of Pollution) Act, the Air (Prevention and Control of Pollution) Act, and the Environment (Protection) Act. Additionally, its automated systems support energy-efficient operations, reducing per-unit consumption and ensuring consistent, long-lasting panel output. Nikhel Bothra, Executive Director, EPACK Prefab called the Mambattu Sandwich Panel plant a strategic step forward in the company's vision to build a robust, technology-driven manufacturing ecosystem across India. The EPACK has received recognition from the Golden Book of Records for building the fastest-constructed structure in India at this very site—an industrial facility of 1.50 lakh sft within the APIIC Industrial Park at Mambattu.
Hans India
07-06-2025
- Business
- Hans India
EPACK Prefab inaugurates sandwich panel making facility at Mambattu
Tirupati: EPACK Prefab Technologies Limited has inaugurated a state-of-the-art sandwich panel manufacturing facility at Mambattu, expanding its production footprint in southern India. The new plant is built on a 2,83,660 sq ft land parcel with a built-up area of 1,49,151 sq ft, designed to meet the surging demand for energy-efficient sandwich panels. The facility enhances EPACK's production capacity by adding 8 lakh sqm/annum taking the company's total sandwich panel capacity to 13.10 lakh sqm/annum. The fully automated facility manufactures high-performance PUR/PIR and Rockwool panels, catering to sectors like cold storage, food processing, and industrial infrastructure. Designed for minimal manual intervention, the plant supports sustainable, energy-efficient production and is compliant with environmental regulations. 'This plant marks a key milestone in our journey toward building greener, smarter infrastructure for India. It strengthens our presence in the southern market and supports national missions like Make in India and Aatmanirbhar Bharat,' said Sanjay Singhania, MD & CEO, EPACK Prefab. With a Rs.56 crore investment (excluding land), EPACK aims for a 30–35 percent market share in the sandwich panel segment this fiscal year. The facility has created over 600 local jobs and was recently recognised by the Golden Book of Records for the fastest-constructed industrial structure in India at the site.
