New Delhi, Sept. 10 -- BirlaNu, part of the C.K. Birla Group, is sharpening its focus on construction chemicals and pipes, while stepping up investments in higher-margin products as it seeks to transform its business over the next five years.

The building materials and home solutions company has earmarked close to Rs.500 crore of investment over the next two years to expand capacity and support its growth plans, Akshat Seth, managing director and chief executive officer of BirlaNu, said in an interview with Mint.

"We are rebalancing our portfolio towards more high-growth and high-margin products in the larger home and building product space," Seth said.

The shift comes as BirlaNu seeks to accelerate growth and improve profitability. Th...