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NSE · Source: SEBI
Fusion CX, incorporated in 2002, specializes in manufacturing polymer pipes and fittings, with a product range that includes PVC, CPVC, PPR, and UPVC pipes. The company has a total installed capacity of 22,581 tonnes per annum and operates three manufacturing plants in India.
The Indian plastic pipes industry is valued at approximately Rs 22,000 crore and is expected to grow at a CAGR of 10.4% from 2016 to 2021. This growth is driven by increased government spending and demand in agriculture, presenting a significant opportunity for Fusion CX.