Accelerated growth in India
At the World Economic Forum in Davos (Switzerland), Koen Sticker, the CFO of Aliaxis presented and promoted the 48 Million Euro investment in a new greenfield manufacturing plant in the Telangana region. The planned state-of-the-art facility will use cutting-edge Industry 4.0 technologies to support India’s growing infrastructure needs in water supply and preservation. 500 new jobs will be created as a direct result of this investment. Aliaxis will also take part in an upskilling effort with the Indian Plumbing Skills Council (IPSC) and the Skill India initiative by the Central Indian Government for local plumbers.
An investment of this scale will have a profoundly positive impact on the HDPE industry throughout the region.