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ROCKWOOL Charts New Growth Path in India with Ambitious Venture

Published: September 4, 2024
Author: TEXTILE VALUE CHAIN

ROCKWOOL to build new factory near Chennai, meeting increasing demand for non-combustible stone wool insulation and expanding its presence in fast-growing South Asia market

Chennai, Tamil Nadu, India

Today, ROCKWOOL declared that it would be constructing a new facility in the southern state of Tamil Nadu, at Cheyyar, which is 90 kilometers from Chennai. With its Rs. 550 crore investment, ROCKWOOL hopes to employ more than 150 people in the surrounding areas. The long-lasting, recyclable, and non-combustible stone wool insulation from ROCKWOOL will be produced at the new facility. The anticipated start of operations is in Q1 2026.

India has a huge potential for growth because it is the most populous country in the world by population and is predicted to have the third largest economy by 2030. As a minor player in the Indian insulation market, we aim to establish ourselves as a force to be reckoned with in the country’s efforts to develop new generations of fire-safe, acoustically pleasing, and energy-efficient buildings. Thomas Kähler, Chairman of the Board, ROCKWOOL Group, states that the objective of the company, which is to provide innovative and sustainable solutions worldwide, is well-aligned with the robust potential of the Indian market.

India has a huge potential for growth because it is the most populous country in the world by population and is predicted to have the third largest economy by 2030. As a minor player in the Indian insulation market, we aim to establish ourselves as a force to be reckoned with in the country’s efforts to develop new generations of fire-safe, acoustically pleasing, and energy-efficient buildings. Thomas Kähler, Chairman of the Board, ROCKWOOL Group, states that the objective of the company, which is to provide innovative and sustainable solutions worldwide, is well-aligned with the robust potential of the Indian market.

About ROCKWOOL Group:

Founded in Denmark in 1937, ROCKWOOL is committed to enriching the lives of everyone who experiences our products and services. We help our customers and communities tackle many of today’s biggest sustainability and development challenges, from energy consumption and noise pollution to fire resilience, water scarcity and flooding. Our product range reflects the diversity of the world’s needs, while supporting our stakeholders in reducing their own carbon footprint. Stone wool is a fully recyclable, versatile material that forms the basis of all our businesses. With approximately 12,000 dedicated colleagues in 40 countries and sales in more than 120, ROCKWOOL is the world leader in stone wool products.

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