News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 16 years ago
Home  » Business » Humble post boxes to get a facelift

Humble post boxes to get a facelift

By Ila Parikh & Archana Mohan
Last updated on: April 08, 2008 02:36 IST
Get Rediff News in your Inbox:

Ahmedabad-based Malibu Plastica, a manufacturer of polycarbonate plastic sheets, is working on redesigning the metal tops of post boxes, which would make it rust-free and weather resistant. This is the first time such a project has been undertaken.

 

The metal tops would be replaced with polycarbonate sheets, which are transparent, translucent with controlled light transmission and unbreakable.

 

Malibu Plastica has also supplied polycarbonate sheets to the Railways, holds 70 per cent market share

 

 "The project is still at a preliminary stage but we expect 5000 post boxes with polycarbonate tops to be installed in the metro cities. It will be scaled up across the country in phases," said Janak Parikh, chairman and managing director of Malibu

Plastica.

 

The metal tops would be replaced with polycarbonate sheets, which are transparent, translucent with controlled light transmission and unbreakable.

 

The company, which has also supplied polycarbonate sheets to the Railways, holds 70 per cent market share.

 

Polycarbonate sheet is a niche product manufactured by only a handful of companies in India. It is used in building and construction, transport vehicles, industrial roofing, skylights and paneling. The company supplies riot shield equipments to various defence departments.

 

The company has a manufacturing capacity of 600 tonnes per year at its Kadi plant and plans to invest Rs 15-20 crore to hike the capacity to 1,500 tonnes.

Get Rediff News in your Inbox:
Ila Parikh & Archana Mohan
Source: source
 

Moneywiz Live!