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Refex Industries Launches First Ready-Mix Concrete Plant in Pune, Expands into Construction Materials
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CNBC TV18•25-09-2026, 15:38
Refex Industries Launches First Ready-Mix Concrete Plant in Pune, Expands into Construction Materials
- •Refex Industries has commenced commercial operations of its first ready-mix concrete (RMC) plant in Wadmukhwadi, Pune, Maharashtra, on September 25.
- •This move marks Refex Industries' expansion into the construction materials sector, leveraging its existing capabilities in coal and ash handling.
- •The RMC business will supply concrete for residential, commercial, industrial, and infrastructure projects.
- •Refex Industries plans to operate the RMC business using a lease-based, asset-light model to facilitate rapid market entry and scalable expansion without significant upfront investments.
- •Anil Kulkarni, Chief Business Officer at Refex Industries, will lead the new RMC business.
Key Questions Answered
Refex Industries commenced commercial operations at its first ready-mix concrete plant in Wadmukhwadi, Pune, Maharashtra on September 25.
The company plans to operate the ready-mix concrete business through a lease-based, asset-light model to enter new markets quickly, expand capacity without large upfront investments, and optimise capital deployment.
The ready-mix concrete business will be headed by Anil Kulkarni, who serves as the chief business officer at Refex Industries.
