Interarch Building Products Limited, a pioneer in pre-engineered building solutions, has taken a significant step in advancing India’s technological and sustainable future. The company recently secured orders worth ₹221 crore for projects in the revolutionary semiconductor and lithium-ion battery sectors. This achievement not only reinforces Interarch’s position as a leader in the infrastructure space but also aligns with India’s vision of becoming a global tech and energy hub.
The shares of Interarch opened at ₹1,598 on the NSE on January 13, 2025, and reached an intraday high of ₹1,624.80. As of 11:34 AM, the stock is trading down by 1.06%, at ₹1,538.
Interarch has been entrusted with the design and execution of a cutting-edge semiconductor manufacturing facility in Jagiroad, Morigaon, Assam. This project, spearheaded by TATA Semiconductor Assembly & Testing Pvt. Limited, is a pivotal initiative in strengthening India’s domestic electronics manufacturing ecosystem.
The 2nd project involves the construction of the nation’s largest lithium-ion battery manufacturing unit in Sanand, Gujarat, for Agratas Energy Storage Solutions Pvt. Ltd. This facility aims to address the rapidly growing demand for energy storage solutions, crucial for India’s transition to sustainable energy. This is Interarch’s 2nd lithium-ion battery manufacturing order, after EXIDE ENERGY SOLUTIONS.
Both projects will be executed under the guidance of TATA Projects Limited, the EPC contractor, ensuring the delivery of world-class infrastructure solutions.
Speaking on the development, Mr Arvind Nanda, Managing Director, Interarch Building Products Ltd., said “We are proud to partner with Tata Projects Limited on these transformative initiatives. The semiconductor and energy storage sectors are pivotal to India’s economic and technological future. Our flexible and industry-agnostic infrastructure solutions ensure efficiency, reliability, and sustainability in every project we undertake. These collaborations further reflect our commitment to driving innovation and growth across new-age industries.”
Interarch Building Products Limited commenced its operations in 1983. Today, 40 years later, Interarch is one of the leading turnkey pre-engineered steel construction solution providers in India with integrated facilities for design and engineering, manufacturing, and on-site project management capabilities for the installation and erection of pre-engineered steel buildings.
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Published on: Jan 13, 2025, 2:05 PM IST
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