>EVEREST INDUSTRIES LIMITED: Brands are produced at state-of-the-art ISO 9000 certified manufacturing facilities

CEMENTING GROWTH

Modern HIPP Technology

Everest Hi-Tech is a modern non-asbestos roofing system using specially developed HIPP technology (High Impact Poly Propylene) with technology imported from Brasilit, a division of Saint Gobain. It is manufactured in a world class production facility, conforming to all relevant international standards. Its Everest Hi-Tech is ideal roofing and cladding solution for factories and warehouses, especially preferred by sectors like petrochemicals, food, pharma, automobiles, engineering, metallurgy, chemicals, textiles etc.

Roofing

Out of the estimated 25 crore buildings in India, 46% are considered to have pucca roofs and the rest 54% are made of thatch (kuchcha roofing). The company is into Fibre Cement Roofing which is used for pucca roofing and it costs 1/3rd the cost of an RCC ceiling slab. Everest has a good brand and 17% market share in this business.

Boards & Panels

EIL is into producing Fibre Cement Boards. It is increasingly being recommended by architects, interior decorators and contractors as a substitute for plywood and gypsum boards due to energy efficient parameters (good sound & thermal insulation), high strength, dimensional stability in interior & exterior applications, and resistance against termite & moisture. EIL also makes Solid Wall Panels for rapids construction maximizes space utilization with durability. EIL is a major player in this segment.

Building Products
The construction industry accounts for 8% of India’s GDP. It is a priority on the Government’s agenda to increase industrialisation, infrastructure development and inclusive growth. This, as a result, will increase liquidity, rural prosperity and the demand for building products. In Union Budget 2011-12, government has increased expenditure on rural and infrastructure development.

To read the full report: EIL

RISH TRADER