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Hyderabad-based Fabex Steel Structures announced the commissioning of its second manufacturing unit at Chityal, near Hyderabad. Built with an investment of Rs 120 crore and spread across 40 acres, the new unit marks a significant step in the company’s long-term capacity, and business expansion strategy.
The Chityal facility adds 50,000 MT of annual production capacity, bringing Fabex’s total to 100,000 MT across its two units. The company also operates a high-capacity plant in Vijayawada, supporting domestic and export demand for pre-engineered buildings and structural steel solutions.
Fabex plans to invest an additional Rs 100 crore over the next 2–3 years to further enhance manufacturing capabilities and drive innovation. The new unit will focus on producing pre-engineered buildings for industrial applications including factories, warehouses, and logistics infrastructure.
“We are aligning our capital deployment with market momentum across our product lines. The Rs 100-crore follow-on investment over the next 24–36 months will focus on automation, throughput enhancement, and product diversification,” said Venu Chava, Co-Founder and Managing Director of Fabex Steel Structures.
“With a combined annual capacity of 100,000 MT, we now have the scale to support multi-site PEB rollouts and turnkey design-to-installation projects across India and overseas. We are planning to diversify into new segments” said I V Ramana Raju, Co-Founder and CEO of Fabex Steel Structures.
Fabex, with a turnover of Rs 463 crore, employs 400 people and plans to double its workforce to 800 as operations ramp up. The company is targeting Rs 1,000 crore in revenue over three years, backed by 70 per cent client retention and expanding global reach. Fabex exports to three continents, with key markets in North America, Africa, and the Middle East. The company is actively exploring new geographies to expand its global reach. FABEX Steel Structures founded in 2020 is engaged in design, detailing, fabrication and installation of Pre-Engineered Buildings and Steel Structures.
