REHAU Strengthens India Commitment

• Targets INR 1000 crore revenue by 2020

• New facility to increase production capacity by 8x, by Dec 2018

• Make in India, Made for India

In strengthening its India commitment, REHAU, a leading system and service provider for polymer-based solutions in windows, furniture & building industry, inaugrated its 3^rd manufactuing facility in Halol-Vadodra. The facility was inaugrated today by Mr. Damian Kirby, CEO, REHAU, Asia Pacific and Mr. Ajay Khurana, Chairman, REHAU South Asia and Mr. Klaus Marquardt, Head of Operations & SCM, Furniture Solutions. The new manufacturing facility is constructed on a total floor area of 6500 square meters.

From Left to Right: Mr. Paul Polycarp Plant Head Halol, Vadodra, Mr. Sanjay Gautam, Sales Director Industrial Solutions, Mr. Ajay Khurana, Chairman, REHAU South Asia, Klaus Marquardt, Head of operations & SCM, Furniture Solutions, Mr. Damian Kirby, Chief Executive Officer, REHAU Asia Pacific at the inauguration of REHAU's Vadodra manufacturing facility

The REHAU Vadodra manufacturing facility is equipped with advanced automation technology connecting people, processes and assets for timely production and review cycle. Initially, the new facility will produce Edgebands and over a course of few months, new products such as RAURAIL - 3^rd Rail production will be introduced, depending upon market and project needs. The new manufacturing facility will increase production by 8x by the end of 2018. This newly inaugrated facility is part of REHAU's vision to attain a revenue of INR 1000 crore by 2020.

Unveiling of the foundation stone at REHAU's Vadodra manufacturing facility

This facility is based on energy efficient guidelines which include non-toxic cables and wires. Further, main power transmissions at the facility are replaced with Bus duct and Bus bar trucking. The entire roof has been covered with reflective thermal coating and Energy Management System through Bus and PLC has been deployed ensuring maximum safety for employees.

Mr. Damian Kirby, CEO, REHAU Asia Pacific, "The Indian market is one of the keygrowth drivers for REHAU in Asia Pacific. We have had a fantastic growth trajectory and have expanded the business on all counts: products, technologies, people and state-of-the-art manufacturing plants. The opening of 3^rd manufacturing plant in Vadodra is a testimony of REHAU's India success and its commitment to further grow and cater to the emerging demand for its products from customers and partners alike."

Mr. Ajay Khurana, Chairman, REHAU South Asia, "The opening of REHAU's 3^rd plant is a milestone achievement, outlining our expansion strategy and support to the Government's Made in India vision. Gujarat has been a hub for innovation and an example for leading the way in industrial development over the last several years. This is the beginning of many initiatives planned to accelerate our growth in the market."

Added Mr. Khurana, "Quality is a key factor for creating, upgrading or renovation of any space. Today's consumers and partners are extremely aware and conscious about their buying decisions and are constantly looking at value addition both from a style and efficiency perspective. This has further fuelled the demand for new age products with high quality standards. The new plant features state-of-the-art technologies and will produce a range of products catering to the retail market."

About REHAU India

REHAU is a German based company dedicated to beautify and enrich homes with innovative choices; REHAU prioritizes and delivers superior solutions all the way from product design, applications while providing great variety in terms of choices. Expertise and innovative spirit have made REHAU a leading system and service provider for polymer-based solutions in windows, furniture & building industry. At more than 170 locations, nearly 20,000 employees in 54 countries contribute to the firm's growth and success. REHAU continues to expand on six continents in order to operate as an on-site partner. REHAUs product range includes more than 40,000 different products. REHAU offers more than 18,000 different designs for surfaces used in the interior world. Each year, 1,000 new designs are added. This makes REHAU both a sought-after source of inspiration and a development partner for the polymer industry.