Fabex Steel to Launch Second Plant in Chityal Near Hyderabad

Hyderabad-based Fabex Steel Structures has commissioned its second manufacturing unit at Chityal, near Hyderabad, with a Rs 120 crore investment over 40 acres. The new facility adds 50,000 MT annual capacity, bringing Fabex’s total to 100,000 MT across two plants, including Vijayawada. Focused on pre-engineered buildings for industrial applications, Fabex plans an additional Rs 100 crore investment in 2–3 years for automation, throughput, and product diversification. With a turnover of Rs 463 crore and 400 employees, the company aims to double its workforce, achieve Rs 1,000 crore revenue in three years, and expand exports to North America, Africa, and the Middle East.