Bangalore-based
Ardex Endura (India) Pvt. Ltd. on Monday announced its plans to enter the
eastern region with an investment of Rs.10 crore at the upcoming airport city
project near Asansol in West Bengal.
Gopinath Krishnan, Managing Director of Ardex Endura, said that this
was the company’s third plant after Bangalore and Baroda. The company, which is
an equal joint venture between Ardex Group, Germany, and Prism Cement Ltd of
the Rajan Raheja Group, is engaged in making tile-fixing adhesives, flooring
products and water proofing and allied products.
The company will take three acres in the ‘aerotropolis’ project
which is scheduled to be ready by January 2013. Ardex Endura would launch its
project by July 2013, Mr. Krishnan said. The airport city project comprises an
airport, and industry hub and social infrastructure. The airport is to come up
first.
http://www.thehindu.com/business/companies/bangalore-firm-to-set-up-unit-in-airport-city-project/article4137387.ece
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