Germany’s VEKA and NCL Group to set up a joint venture

Germany’s VEKA and NCL Group to set up a joint venture

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NCL Wintech, part of Hyderabad based NCL group, has joined hands with Germany’s VEKA group to set up a uPVC profile manufacturing unit. The unit is to come up in Medak, near the existing facility of NCL, by around June 2018. The technological expertise required for the production of uPVC profile will be provided by the foreign partner.

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uPVC profiles are mainly used for doors and windows and Indian demand for the same is one of the fastest growing. Today out of the total markets for windows, it is believed, hardly 5% is catered to by uPVC. Thus, the demand for uPVC profiles in India is at a nascent stage. Much needs to be done in marketing of these products by showcasing the advantages of these products to the builders, architects and common man which includes the major advantage of energy saving i.e. reduction in air conditioning bills upto 20-30% as well as saving of wood and energy intensive materials like Aluminium.

NCL Group is a manufacturer of building materials and the product range includes cements, cement particle boards, AAC blocks, renders, and pre-coated steel window systems. VEKA India is part of VEKA AG (which is based in Sendenhorst, Germany, with 19 subsidiaries on 3 continents & representative offices in more than 40 countries across the world with 3,500 employees) is the largest international provider and manufacturer of uPVC profile systems for windows, doors.