Chennai-based Lehry Instrumentation and Valves Pvt. Ltd. has established a ₹30-crore non-ferrous built-in manufacturing facility close to Chennai to make lead-free brass valves for infrastructure and utility markets, mentioned MD Abbas S. Lehry.
“Established at Gummudipoondi Industrial Estate, the new plant will start churning out 5,000 pieces of lead-free forged brass valves daily and water-saving products per shift from Sunday,” mentioned Mr. Lehry.
The new manufacturing facility is unfold throughout 60,000 sq.ft., and can now present employment to 100 folks. It shall be inaugurated by the previous MD of Grundfos Pumps, N.Ok. Ranganathan on Sunday.
“Till recently, we were importing this product from China,” mentioned Mr. Lehry. “The pandemic made us to think about setting up our own unit. It is an import substitution product and the cost savings for the end-customer would be about 20%. The project cost is met partly through internal accruals and borrowings,” he mentioned.
Technical Director Hussain Lehry mentioned that Lehry Instrumentation could be the primary firm to get an ISI certification for the Made-in-India product. The firm plans to export 50% of the merchandise, he added.
Lehry Valves was began as a buying and selling firm 72 years in the past. In 2006, it established a unit in Jalandhar to make ferrous valves for castings and utilities, adopted by a inexperienced sand foundry in 2015.
“Right now, we have an order book for 1.5 lakh pieces. Over the next six months, we will introduce a second shift and put new production lines in place a year later,” mentioned Mr. Hussain Lehry.
“It is a fast growing market and currently we are addressing only the B2B segment. Very soon, we will enter B2C segment. Over the next three years, we hope to earn revenue of ₹50 crore from the new plant and another ₹50 crore from Jalandhar plant,” mentioned Mr. Abbas Lehry.
