The Chennai Silks Limited, which has significant presence in the retail textile business and the SCM Group, have made an entry into the manufacture pre-cast concrete products by establishing a company named 'Teemage Precast'.
The company has built a plant on 16 acres at Kangeyam near Erode with the factory itself occupying one lakh sqft area.
In a release, Mr N K Nandagopal, Managing Director of Teemage Precast, said the equipments have been imported from Germany and Belgium for the production of pre-stressed and pre-cast concrete products.
With sophisticated facilities, the factory would cut the delivery time. It has an annual production capacity of 12.5 to 15 lakh sq. ft and would manufacture hollow core slabs, wall panels, beams / columns, pre-stressed stair cases, boundary walls and road barriers.
He said the annual production capacity could be increased up to 40 lakh sq. ft depending on demand and commercial production would begin from June.
Mr.Nandagopal said the pre-stressed and pre-cast products manufactured by the company would find applications both in commercial and residential buildings providing significant cost advantage.