Everest Industries Limited is taking a significant step towards strengthening its presence in the eastern region of India by expanding the capacity of its Fibre Cement Boards plant. This expansion will be carried out through its wholly-owned subsidiary, Everest Buildpro Private Limited (EBPL).
Key Highlights of the Expansion
Location: Matia, Goalpara, Assam
Capacity Addition: 72,000 MTPA
Existing Capacity: Everest Industries Limited currently has a consolidated capacity of 301,000 MTPA for Boards & Panels.
Capacity Utilization: The existing capacity utilization stands at approximately 73%.
Investment: The total capital expenditure (CAPEX) for this expansion is estimated at Rs. 138 crores.
Funding: The investment will be funded through a mix of equity and/or debt.
Project Timeline: The expansion will be executed in two phases:
Phase 1: Expected to be operational by April 2027.
Phase 2: Expected to be completed by April 2031.
Strategic Rationale
The expansion is a response to the growing demand for Fibre Cement Boards in Assam and the eastern region of India. By enhancing production capacity in this region, Everest Industries aims to establish a strong nationwide footprint, covering all four zones across the country.
Government Collaboration
To support this initiative, Everest Buildpro Private Limited signed a Memorandum of Understanding (MoU) with the Government of Assam on February 25, 2025. This partnership underscores the state’s commitment to industrial growth and infrastructure development.
With this expansion, Everest Industries Limited is set to further strengthen its market leadership in the building materials sector while contributing to the economic development of Assam and the eastern region.
