India: Property developer Gaurs Group plans to invest US$27.3m to build a precast concrete elements and modular systems plant in Noida, Uttar Pradesh. The Business Standard newspaper has reported that the producer signed a memorandum of understanding (MoU) for the project with precast concrete plant supplier Elematic India. A Phase 1, US$10.9m plant will commence operations in mid-late 2026.

Gaurs Group director Veshesh Gaur said the plant would enable the company to shorten its construction project delivery times by 6 – 12 months.

India precast Elematic property development Uttar Pradesh Gaurs Group Elematic India