Arman Bankley’s business group has started a new ready-mix plaster ‘AR Plast’ manufacturing factory
Armines Industries recently launched a first-of-its-kind, ready-mix plaster manufacturing factory at the Cacoda industrial estate.
Arman Bankley, managing partner of Armines Industries said that he had sensed a demand for pre-mix plaster during his time in Oman and learned about its technology of mechanised application at construction sites through the recent Vibrant Goa Middle East tour in Oman and Kuwait. This latest futuristic technology of pre-mix plaster is well adopted by construction projects in Middle Eastern countries where it has become a hassle-free form of procurement of sand and cement and its application, with a cost-effectiveness of over twenty per cent as compared to traditional plaster.
Arman Bankley, who found himself in Goa at the age of 22, fresh out of engineering field, with no prior business experience at all, started his career at a mineral processing industry at Cuncolim industrial estate in the year 1995 and now has been in Goa for almost 25 years.
In 2009, when mining was affected and manganese mining especially was completely closed, he started to explore other options and soon started getting ore imported from Indonesia, Australia, Zambia etc. This allowed him to keep running the show with his mineral processing plant in Cacoda and Belgaum.
Later in 2011, he diversified into cement block manufacturing and kept adding products like fly ash bricks and AAC blocks to the mix. He then went on to expand this venture with an additional block manufacturing unit in Kundaim IDC by the year 2018.
“At the Vibrant Goa tour to the Middle East, I saw that the concept of construction plastering there is very different from our Indian traditional manual plastering system. Theirs is an all ready mix and mechanised system. It dawned on me that I should implement the same in Goa”
Inaugurating the new ready mix plant to manufacture AR Plast at Cacoda Industrial Estate with family members and Dr Jagat Shah, Pravas Naik, Ar Avinash Borkar and others
In 2016, on visiting some global expo in Ahmedabad, Arman happened to develop a liking towards a new innovative fire prevention product and out of sheer interest, he brought that agency of sole distribution to Goa and now with Vibrant Goa to Bahrain and Oman, too. He also intends to venture into slag powder manufacturing at Cuncolim, as his seventh unit.
Under backward integration, he also managed in 2018, to set up an agro waste briquette manufacturing plant in Kolhapur; and now with the latest technology in launching a first-of-its-kind in India, ready-mix plaster plant in Goa.
The new factory will have the monthly capacity to produce up to 300 tonnes of ready-mix plasters, jointing mortar, tile adhesive and masonry mortar. All these latest technological products are ready to use, eco-friendly and needs just two days of water curing with imported additives for waterproofing, anti-shrinkage, superior bonding qualities, which is extremely durable and eliminates the traditional method of plastering walls.
A 40 kg bag of ready-mix plaster eliminates the laborious task of procuring and mixing of sand and cement in the correct ratio. You need to just add 10 litres of water into the bag containing the ready-mix, sand and cement and you get a balanced pre-mix plaster along with application machine
“A 40 kg bag of ready-mix plaster eliminates the laborious task of procuring and mixing of sand and cement in the correct ratio. You need to just add 10 litres of water into the bag containing the ready-mix, sand and cement and you get a balanced pre-mix plaster along with application machine. Similarly, jointing mortar and masonry mortar are bonding material for laying construction blocks and bricks and tiles adhesive is ready to mix for laying of vitrified tiles, flooring etc,” says Arman.
The new factory at Cacoda Industrial Estate was inaugurated jointly by Armines Industries founder and chairman, Vibrant Markets and Pravas Naik, chairman, Nanu Group of Companies, among other associates