Interarch Building Products informed the exchanges that it has partnered with Jindal Steel & Power Ltd (JSPL) to promote steel as the preferred material for urban infrastructure.
The partnership combines Interarch’s expertise in pre-engineered building (PEB) construction with JSPL’s advanced steel manufacturing capabilities to address demands for high-performance, sustainable structures like multi-story buildings, data centers, and heavy constructions.
The partnership focuses on leveraging steel’s speed, strength, and sustainability for urban projects. By blending Interarch’s design and engineering with JSPL’s state-of-the-art facilities, the collaboration aims to drive innovation in the construction industry, offering efficient, durable solutions for modern urban needs.
The company stated that this partnership marks a significant step toward advancing India’s urban development with sustainable and efficient construction practices.
Commenting on this collaboration, the Founder and Managing Director of Interarch Building Products Limited, Mr Arvind Nanda, said, “Our partnership with Jindal Steel & Power marks a significant step in transforming India’s urban landscape. By enhancing the sustainability and efficiency of construction, we aim to support India’s vision for smarter, safer cities.”
The EVP of Construction Material Business at Jindal Steel & Power Ltd, Mr Ajay Agarwal, stated, “This strategic partnership with Interarch underscores our commitment to transforming India’s urban infrastructure. By integrating our high-quality, innovative steel solutions with Interarch’s engineering expertise, we aim to set new benchmarks for sustainable, future-ready construction practices that meet the demands of a rapidly evolving nation.”
On December 19, 2024, Interarch Building Products share price opened at ₹1,669.35, touching the day’s high at ₹1,745.00, as of 9:52 AM on the NSE.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Dec 19, 2024, 9:55 AM IST
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