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Hindalco Industries on Thursday, June 4, launched a flagship Eternia experience centre in New Delhi, expanding its presence in the premium building solutions market amid rising demand for high-performance aluminium windows and doors.
Hindalco said Eternia, its engineered aluminium windows and doors business, is targeting revenue of more than ₹1,000 crore by fiscal 2029.
The brand has grown at a compound annual growth rate (CAGR) of nearly 65% over the past three years and currently operates through more than 170 channel partners across over 100 cities, as per the filing.
As part of its expansion strategy, the company has opened a flagship Eternia experience centre in Delhi's Lajpat Nagar and strengthened its manufacturing footprint in North India through a facility in Bilaspur near Gurugram.
"The building and construction sector is a critical pillar of India's growth story, and we see significant opportunity in delivering high-performance, system-driven solutions to this evolving market," Hindalco Managing Director Satish Pai said in a statement.
Also Read: Hindalco Industries
The company is positioning Eternia as an alternative to traditional fabrication-led window systems, offering precision-engineered aluminium solutions powered by Duranium, a proprietary alloy that it says is stronger than conventional aluminium used in window applications.
To support future growth, Hindalco has established a 120,000-square-foot manufacturing facility in Bilaspur with the capacity to produce up to 250,000 square feet of windows per month. The facility also houses a research and development centre and a training hub aimed at improving industry skills and installation standards, the filing stated.
The company said the facility is expected to create more than 300 jobs and improve delivery timelines for customers across North India.
Shares of Hindalco Industries ended lower on Thursday, June 4, by 1.21% at ₹1,125.10 on the NSE.
Also Read: Hindalco standalone Q4 profit jumps 88%; announces ₹5 dividend
Hindalco said Eternia, its engineered aluminium windows and doors business, is targeting revenue of more than ₹1,000 crore by fiscal 2029.
The brand has grown at a compound annual growth rate (CAGR) of nearly 65% over the past three years and currently operates through more than 170 channel partners across over 100 cities, as per the filing.
As part of its expansion strategy, the company has opened a flagship Eternia experience centre in Delhi's Lajpat Nagar and strengthened its manufacturing footprint in North India through a facility in Bilaspur near Gurugram.
"The building and construction sector is a critical pillar of India's growth story, and we see significant opportunity in delivering high-performance, system-driven solutions to this evolving market," Hindalco Managing Director Satish Pai said in a statement.
Also Read: Hindalco Industries
The company is positioning Eternia as an alternative to traditional fabrication-led window systems, offering precision-engineered aluminium solutions powered by Duranium, a proprietary alloy that it says is stronger than conventional aluminium used in window applications.
To support future growth, Hindalco has established a 120,000-square-foot manufacturing facility in Bilaspur with the capacity to produce up to 250,000 square feet of windows per month. The facility also houses a research and development centre and a training hub aimed at improving industry skills and installation standards, the filing stated.
The company said the facility is expected to create more than 300 jobs and improve delivery timelines for customers across North India.
Shares of Hindalco Industries ended lower on Thursday, June 4, by 1.21% at ₹1,125.10 on the NSE.
Also Read: Hindalco standalone Q4 profit jumps 88%; announces ₹5 dividend
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