Responsive Industries Ltd., one of the largest suppliers of PVC membranes and synthetic products to Government of India projects, is set to witness significant business growth as the Ministry of Road Transport & Highways (MoRTH) announces the development of 75 tunnel projects across India. The government has committed to invest ₹1 lakh crore for these initiatives, which are aimed at enhancing national infrastructure and connectivity.
The newly announced tunnel projects are part of the government’s ambitious infrastructure
development plan, and the demand for high-quality, durable materials is expected to surge.
Responsive Industries Ltd., with its extensive experience and product excellence, is well-
positioned to supply PVC membranes for these projects, a critical component in ensuring the tunnels’ structural integrity and longevity.
Earlier, Ventura Securities Ltd. gave a buy call on Responsive Industries Ltd. with a target
price of Rs. 436.
“We are excited about the immense potential this presents for our company,” said a
spokesperson for Responsive Industries Ltd. “The Government of India’s continued
commitment to expanding the nation’s infrastructure aligns with our long-term growth
strategy, and we are prepared to meet the increased demand for PVC membranes with our
high-quality products and expertise.”
The construction of tunnels, particularly in regions with challenging terrain, requires specialized materials to ensure safety and longevity. PVC membranes provided by Responsive Industries are designed to offer protection from water ingress and enhance the durability of tunnel structures, making them an essential component for this scale of infrastructure development.
With the Government of India’s aggressive push toward infrastructure development,
Responsive Industries Ltd. expects this to open up substantial opportunities, not only for
immediate supply contracts but also for long-term partnerships in future projects. The company remains committed to delivering the highest standards of quality and service as it supports the country’s growth.