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Home National Gujarat Ahmedabad

SIAM Cement BigBloc Construction launches India operations at Rs 65 crore facility in Kheda

by Nav Jeevan
2 years ago
in Ahmedabad, Breaking News, Business, Companies, Gujarat, Launchpad, MSMEs, National, Real Estate, Thailand, World
Reading Time: 3 mins read
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SIAM Cement BigBloc Construction launches India operations at Rs 65 crore facility in Kheda

Ambassador of Thailand to India Pattarat Hongtong; Gujarat Minister for Industries-MSME Balvantsinh Rajput; Naresh Saboo, Managing Director, BigBloc Construction Ltd and Abhijit Datta, Head of International Business and Managing Director of SCG International at the launching ceremony of SIAM Cement BigBloc Construction Technologies Pvt Ltd in Kheda on Monday.-NE photo

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NE BUSINESS BUREAU
AHMEDABAD, JUNE 10

SIAM Cement BigBloc Construction Technologies Pvt Ltd, a joint venture between Gujarat based BigBloc Construction Ltd and Thailand’s SCG International Corporation Co., Ltd., (SCG International) has on Monday  launched its India operations with the commercial production of its first plant in Kheda, Gujarat. With the vision of launching next-generation walling solution for the Indian market, the joint ventures has invested around Rs. 65 crore in setting up a 2.5 lakh cubic meter per annum capacity project, including India’s first AAC Wall Plant at Kheda district near Ahmedabad (Gujarat).

The AAC Wall will be marketed under the brand name ‘ZMARTBUILD WALL by NXTBLOC’. The joint venture company will also manufacture AAC Blocks.

The plant was inaugurated in the presence of Ambassador of Thailand to India Pattarat Hongtong, Gujarat Minister for Industries-MSME Balvantsinh Rajput, along with senior officials from SCG International, BigBloc Construction on 10 June 2024.

  • Joint Venture inaugurates commercial production of India’s First AAC Wall plant at Kheda in Gujarat
  • The joint venture plant at Kheda, Ahmedabad is SCG Group’s first investment in India.
  • Launches India’s first AAC Wall Plant; To introduce large format AAC Wall products of 8-12 feet
  • Kheda Plant can be expanded to 5 lakhs CBM per annum in the 2nd phase post approval of JV parties
  • SIAM Cement BigBloc Construction Technologies Pvt Ltd is a 52:48 joint venture company; BigBloc Construction holds 52% stake and 48% is with SCG International
  • At full capacity, the plant is expected to generate annual revenues of around Rs. 100 crore
  • The joint venture also aims to share techno-commercial knowledge and launch new age building materials to Indian markets.

BigBloc Construction entered into a strategic Joint Venture with SCG International from Thailand for setting up state-of-the-art manufacturing facility for AAC Walls and AAC Blocks in Kheda District, near Ahmedabad (Gujarat). BigBloc Construction holds 52% in the joint venture company while 48% with SCG International. This is SCG Group’s first investment in India. Established in 1913, SCG is one of the largest cement and building material companies in Thailand and Southeast Asia with presence in various different verticals like Cement, Construction Materials, Packaging, Chemicals & Many others with presence in more than 22 countries along with multiple joint ventures with many international Companies

Naresh Saboo, Managing Director, BigBloc Construction Ltd said, “This joint venture goes beyond a simple business alliance, fostering a bond between countries and cultures. Construction at the plant began in September 2023, and within a year, production started, setting a remarkable record in India’s AAC industry. Moving forward, SCG and Bigbloc will work together on all building material solutions to strengthen the supply chain in India, leverage each other’s capabilities, and provide exceptional solutions to the construction industry. With approval from both joint venture parties, the project has the potential to expand to 5 lakh cubic meter per year in the second phase.”

Sustainable and non-toxic building construction material, AAC blocks and AAC Walls are lightweight, soundproof, and fire resistant, offer superior build quality, eco-friendly and economical too compared to traditional bricks.

The joint venture plant in Kheda, Gujarat will also have India’s first AAC Wall Plant. Company will launch wide range of large format AAC Wall products of 8-12 feet of 2 feet width with a thickness of 3-8 inches for the Indian markets. The plant will generate 250 employment opportunities and at full capacity the plant is expected to generate revenues of around Rs. 100 crore per annum. The joint venture also aim to share techno-commercial knowledge, promote mutual growth & cooperation in the construction industry and bring new age building materials to Indian markets.

Abhijit Datta, Head of International Business and Managing Director of SCG International said, “This collaboration combines SCG’s century-long expertise and advanced technologies with BigBloc’s deep understanding of the local market, we are poised to make a significant impact on India’s construction industry by delivering cost-efficient and sustainable construction solutions. We proudly introduce ‘ZMARTBUILD WALL by NXTBLOC’ – the next generation of world-class walling solutions. This ground-breaking venture is not just about setting new standards; it’s about redefining the construction landscape in India, one wall at a time.”

Tags: atBigBloccementConstructionfacilityIndialaunchesoperationsRs 65 croreSiam
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