Shakti Hörmann to Set up a ₹175 Crore Plus Greenfield Project for Manufacturing Wooden Doors
#ShaktiHörmann #GreenfieldProject #ManufacturingWoodenDoors“We are establishing a new manufacturing plant in Mahindra World City in Jaipur, with a capacity of 130,000 doors per annum, investing more than ₹175 Cr, reinforcing our commitment to an expanding national presence and fostering technological advancements in the commercial, industrial and residential door industry. The new plant will become operational in the 2nd Quarter of 2024 and will enable Shakti Hörmann to meet the growing demand for its products in India.” - Shashidar Reddy, Managing Director, Shakti Hörmann
November 2023 : Hyderabad-based Shakti Hörmann, a pioneer in the commercial, industrial and residential door manufacturing industry, has recently announced the launch of its latest product line for B2B and B2C sectors including the launch of two new OpenXperience centres in Hyderabad and New Delhi, leveraging strategic partnership with Hörmann, Germany. Additionally, the company is establishing the most advanced wooden door manufacturing plant in India, further solidifying its dedication to expanding its national presence and delivering unparalleled products and services to its growing customer base.
“Today marks a significant milestone in our journey of innovation and growth,” Shashidar Reddy, Managing Director, Shakti Hörmann said, “We are establishing a new manufacturing plant in Mahindra World City in Jaipur, with a capacity of 130,000 doors per annum, investing more than ₹175 Cr, reinforcing our commitment to an expanding national presence and fostering technological advancements in the commercial, industrial and residential door industry. The new plant will become operational in the 2nd Quarter of 2024 and will enable Shakti Hörmann to meet the growing demand for its products in India.”
The Shakti Hörmann plant located in Gagillapur Hyderabad currently can produce over 200,000 custom-made doors, door frames, and over 10,000 industrial doors per annum, catering to industrial, commercial, public buildings, institutions, hospitality, hospitals, and airports.
Explaining the idea behind the opening of the Shakti Hörmann OpenXperience centre in Hyderabad and New Delhi Mr. Reddy said “Branded factory finished doors and exclusive experience stores are non-existent in India. Given the changing demand and requirements of this market, especially the growth of the high-rise apartment complexes, the need of the hour is OpenXperience centre that can offer a first-hand functional experience to consumers of new products and innovations that deliver performance and safety.”
Martin J. Hörmann, Managing Partner of Hörmann said, “Our focus remains on providing customers and our strategic partners with unparalleled access to the latest advancements in door technology the world over. The expansion of Shakti Hörmann operations in India is a testament to our dedication to meeting the evolving needs of our diverse customer base with Hörmann fire-rated doors, backed by decades of quality, protection, and safety.”
The introduction of new product experience centres and the Shakti Hörmann wooden door manufacturing plant is projected to positively impact the sales, the company’s revenue, and overall financial trajectory. The company sells 110,000 doors per annum currently, with a revenue of ₹ 2700 million.
The upcoming 200,000-square-foot manufacturing plant Mahindra World City in Jaipur spread across 20 acres will create over 150 direct and over 300 indirect jobs locally and foster community development.
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