Poddar Plumbing System, engaged in the manufacturing of CPVC and UPVC pipes, has proposed to enhance its total investment in Karnataka to ₹758 crore, up from the earlier ₹492 crore.
According to M.B. Patil, Minister for Large and Medium Industries, Poddar Plumbing System, which has been allotted 33 acres of land in the Vemagal Industrial Area (Phase-2), is working towards operationalising its plant by August 2026.
Mr. Patil, after a meeting with Deepak Poddar, managing director, and Varun Poddar, director of the company, on Tuesday stated that the project was expected to create 3,000 direct and 9,000 indirect jobs.
Of the 33 acres allotted in Vemagal, 28 acres have already been handed over to the company, and the remaining five would be transferred shortly, he informed.
The company plans to invest ₹93 crore for land acquisition, ₹593 crore for industrial machinery and equipment, and ₹87 crore towards GST on capital expenditure. Construction and installation of machinery have already commenced at the Vemagal site. Once the Vemagal plant is operational, the company is keen to set up a new unit in Vijayapura district, for which a separate plan is currently under preparation, as per the Minister.
The Vemagal facility would manufacture a diverse range of high-quality PVC pipes and fittings, including CPVC and UPVC pipes for plumbing, water distribution, agricultural pipes for irrigation, and industrial pipes for transporting chemicals and gases.
Founded by the promoters of Ashirvad Pipes, the company expects to achieve an annual turnover of ₹1,500 crore in 10 years. The project is also projected to generate tax revenues of approximately ₹3,000 crore for the government over the same period.
Published – July 30, 2025 05:10 am IST
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