At the plant inauguration, Sandip Somany, VCMD, HSIL Limited said, "Venturing into pipes segment is a natural extension of our portfolio of bathroom product streams from ‘front of wall' to ‘behind the wall'. We aspire to be among the top 4 brands in the country in the next 5 years and are confident of achieving this given that we plan to expand our pipes business by leveraging our current brand, sales and distribution network."

Rajesh Pajnoo, President, HSIL Pipes Division, HSIL Limited, said "We are extremely excited to launch our manufacturing plant in Isnapur, Telangana.  To ensure product and technological supremacy we have entered into an alliance with Japan's Sekisui Chemical Co. Ltd. which is a 70 year old $9-billion turnover company, for supply of chlorinated polyvinyl chloride (CPVC) resin. We are confident that our legacy of over five decades and this strategic partnership will enable us to provide better quality heat-resistant pipes and fittings and offer best in class products to the Indian market."

The Indian market size of the Indian PVC pipes and fittings is poised to grow at a double-digit CAGR over the period 2015-20 and is projected to reach an estimated INR 327 billion by FY2020.   This remarkable growth is going to be driven by the expansion of housing sector and increasing water sanitary management. Rising demand from construction sector and increasing recognition among people regarding the benefits of PVC pipes will further fuel this demand.

With a cumulative investment of Rs160 crore, HSIL Pipes Division currently employs more than 200 people in the workforce. The manufacturing facility is also compliant with the green building norms laid down by IGBC and is capable of providing higher yields over the prevailing industry benchmarks.

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