
Shakti Hörmann, a doors manufacturer, is investing Rs 175 crore in a new manufacturing facility in Jaipur. The facility will produce fire-rated wood and steel doors to serve the commercial and residential doors market. The wooden doors section will be ready by March 2024, while the steel doors section will be operational by June-July 2024. Shakti Hörmann aims to increase its presence in the B2C market and achieve a turnover of Rs 325 crore in 2023.