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Lesso to invest more than Rs 300 crore in India

The company was recently recognised among the 50 Most Promising Brands in India

New Delhi, September 26, 2016: Lesso Buildtech Pvt Ltd, one of the leading industrial groups of home building material, was recognised as one of the 50 most promising brand in India by World Consulting & Research Corporation (WCRC). The company also announced that it would invest around Rs 300 crore in the 45 acres land that it was allocated by the Maharashtra Industrial Development Corporation (MIDC). The company is positive about the Indian market in 2016. The turnover has increased manifolds, with more than 50 percent growth. In the near future company would be launching more products in its kitty like sanitary appliances, Plumbing Products, Wooden doors, Fire Fighting Equipment etc.

Lesso to invest more than Rs 300 crore in India

The announcement of the 3rd Gold Edition of India’s Most Promising Brands with enigmatic jury celebrating the stupendous growth achieved by brands over the years was conferred upon are Vistara, Wella, Pan Villas, Lets shave, Rostaa, Pepsico 7up, Lesso Buildtech, Armstrong, JBCN and more.
Based in Gurgaon, it is a wholly owned subsidiary of LESSO Group represented internationally that has sales revenue of over Rs 15,000 Crorein 2015. Talking about the award, Mr. Peng Jun, MD, Lesso Buildtech Pvt Ltd, said, "We are positive about the growth in India and we are dedicated to provide the best quality products in the market and live up to our leading tag world over. Present award is proof that the company is inclined to show the seriousness of the company towards Indian market."

About Lesso:

LESSO Group, started in 1986, is world-wide leading industrial group of home building material, listed in Hong Kong Stock Exchange (stock code: 2128). Ranking among the top 2 of UPVC pipe manufacturers in the world, the sales revenue in 2015 is over 15,000 Crore Indian Rupees. LESSO has a total of 30,000 employees in 28 subsidiaries, including 25 manufacturing facilities in China, India, USA, Canada, UAE and Indonesia. LESSO Buildtech Pvt. Ltd, based in Gurgaon, India, is a wholly owned subsidiary of LESSO Group represented internationally. LESSO Buildtech is engaged in trading of comprehensive range of building material, including UPVC profile, modular kitchen, UPVC pipes, decorative boards and etc. Now Lesso already become the No.1 brand of UPVC profile in India.