This Rs. 16.40 crore project by Dattatreya Enterprises would transform the modular furniture business by building a cutting-edge production plant in Vemgal Industrial Area, Kolar District, Karnataka. This strategic investment represents a major firm expansion and regional economic growth.
The project's greenfield modular furniture manufacturing plant for home, office, and retail furniture will double Dattatreya's production capacity. Starting with wood-based panels, the business wants to expand into metal and plastics, demonstrating its creativity.
Impact of this endeavor is significant. Dattatreya's output will increase to meet India's growing need for high-quality modular furniture. The project is projected to create many construction, operating, and associated jobs. Dattatreya is a technology leader, using innovative manufacturing methods for efficiency and sustainability.
Strategic business move and local economic boost are the project's goals. Dattatreya's manufacturing plant would help grow Vemgal Industrial Area and Kolar District by attracting investments and building infrastructure.
After site purchase and environmental clearance, development is expected to begin in mid-2024 and finish in mid-2025. In the future, Dattatreya Enterprises' Vemgal manufacturing plant might alter the Indian furniture sector. Dattatreya's reputation as a leading maker of high-quality, inexpensive modular furniture will be strengthened by the project's improved manufacturing capacity, job creation, and sustainability.
News by Rahul Yelligetti