Alumil SA teams up with Value Line to offer aluminium extrusion products in India

<p>Greece-based aluminium extrusion products manufacturer Alumil SA has announced that the company has teamed up with Hyderabad-based Value Line, an&nbsp;international brand luxury sanitary ware.&nbsp; Alumil will market its aluminium products in India through Value Line.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/2002_1%20-%20Copy.jpg" alt="news" width="517" height="226" /></p> <p>Alumil will export aluminium materials to the Value Line for the necessary fabrication and then the products will be offered to the residential and commercial projects. The company considers Indian market is the next big market to showcase their extrusion products.</p> <p>George Alex Milonas, Chairman and CEO, Alumil SA, said, Apart from residential projects, the Indian commercial building is a big opportunity and we look forward to working with large airports, hospitality projects in India as we do in other countries.&rdquo;</p> <p>{googleAdsense}</p> <p>&ldquo;Having set up operations across a number of countries, we expect to build our business in India initially with products exported. As volumes grow, which will take some time, we may consider a manufacturing unit in India. Typically a unit requires about &euro;20-25 million investment,&rdquo; he added.</p> <p>Alumil SA produces 106,000 tonnes of aluminium extrusion, 57,500 tonnes of powder coating, 65,000 tonnes of billets, 10,000 tonnes of anodised aluminium per annum.</p>