<h1>Aliaxis to Invest Over Rs 550 Crore in India for Capacity Expansion, New Facilities in Hyderabad & Chennai</h1> Belgium-based Aliaxis plans to invest over Rs 550 crore in India over the next two years to expand its capacity by nearly 30%. The investment will focus on greenfield and brownfield projects, including two new manufacturing facilities in Hyderabad and Chennai, with a combined investment of Rs 400 crore. The expansion aims to increase production from 3 lakh tonnes to 4 lakh tonnes annually and boost market share by 5-6% in the organized segment. Additionally, Rs 150 crore will be invested to expand facilities in Cuttack and Durgapur. Ashirvad Pipes aims to grow its revenue to Rs 9,000 crore by 2027.