SIAM Cement and BigBloc Construction Commence Production at New JV in Gujarat

SIAM Cement BigBloc Construction Technologies Pvt Ltd, a 52:48 joint venture between BigBloc Construction Ltd and SCG International India Pvt Ltd, has commenced production at its new Greenfield unit in Kheda District, Gujarat. The joint venture company will manufacture AAC Blocks and ALC Panels, with an initial investment of Rs. 65 crore and a capacity of 2.5 lakh cubic meter per annum. The finished products will be marketed under the brand name ‘ZMARTBUILD WALL by Nxtbloc’. The unit has the potential to generate 50,000-60,000 units of carbon credits per annum and, at full capacity, generate annual revenues of around Rs. 100 crore. The joint venture aims to share techno-commercial knowledge, promote mutual growth, and bring new age building materials to the Indian market.