Jindal Mectec, Indian market leader in insulated panels, has entered into a joint venture (JV) with Kingspan, the global leader in insulated panels and building envelope solutions, to capture the massive growth of modern methods of construction in India. With the Indian and the global market leader in insulated panels joining forces, Kingspan – Jindal will become India’s leading manufacturer of high-performance insulated panels and building envelope systems. The JV will also cover Bangladesh, Sri Lanka and Nepal and Bhutan, Kingspan Insulated Panels.
The JV will operate a strong, local manufacturing base with two modern factories and will have a pan-Indian sales and partner network and full access to Kingspan’s world-leading insulated panels and building envelope technologies.
Saurabh Jindal, MD Jindal Mectec Pvt. Ltd, said, “Kingspan Jindal will offer insulated panel, architectural wall cladding and roofing solutions for end clients who want high performance systems which are easy to install, and most importantly offer insurer-approved fire performance and superior lifetime energy savings. The JV will accelerate the development of Jindal Mectec’s existing product portfolio, leveraging Kingspan’s proprietary insulation core technologies and building technology know-how.