Latest Project Updates
Rs.422 Million New Steel Mfg. Unit in Morbi, Gujarat
Executive Summary: A leading steel company plans a high-capacity manufacturing unit in Gujarat, producing iron, steel billets, and various bars. With a Rs. 422.7 million investment, construction begins in July 2024, emphasizing eco-friendly practices via clearance submission in Aug 2023.
Rs.2250 Million Rolling Mill Products Mfg. Expansion Project in Dhar, Madhya Pradesh
Executive Summary: A major steel player plans a Rs. 2250 million expansion in Madhya Pradesh, increasing rolling mill capacity from 1,50,000 to 1,80,000 TPA. New facilities include wire drawing, pickling, and annealing, with construction scheduled Jan-Dec 2024. Environmental clearance sought by Aug 2023, highlighting sustainability commitment.
Rs.350 Million Aluminium Composite Panels Mfg. Expansion Unit in Umargaon, Gujarat
Executive Summary: A major manufacturing player plans to invest Rs. 350 million in Gujarat for expanding Aluminium Composite Panels production. Adding two high-capacity lines aims to meet rising demand, with the fifth line operational in two months and the sixth by June 2024.
New Different Type of Casting Mfg. Project in Howrah, West Bengal
Executive Summary: A manufacturing leader plans a diverse, innovative casting project at a strategic West Bengal location. 300-ton monthly capacity, eco-friendly focus, Rs. 46.7 million investment. State pollution authority approval secured by Aug 2023.
Rs.982 Million Metal And Other Products Mfg. Expansion Project in Solan, Himachal Pradesh
Executive Summary: A metal and other products manufacturing expansion project is planned in Chambaghat, Solan, Himachal Pradesh, with an estimated cost of Rs.861.527 million. The project involves the production of iron and steel and copper and copper products. It has received approval from the State Single Window Clearance & Monitoring Authority in May 2022 and commenced work in June 2022. The project is expected to create job opportunities, enhance production capacity, and contribute to the local economy.
Rs.3500 Million New Sponge Iron Mfg. Plant in Thiruvallur, Tamil Nadu
Executive Summary: A Chennai-based firm plans to build a sponge iron manufacturing plant in Thiruvallur, Tamil Nadu. The project includes DRI kilns, induction furnaces, rolling mills, and power facilities to produce 300,000 TPA sponge iron for captive use and generate 600,000 TPA billets and 500,000 TPA rolled products. Estimated at Rs. 47.5 million, construction will occur from January to December 2025. The project awaits environmental clearance as of August 2023.
Fabrication Items Mfg. Expansion Project in Hooghly, West Bengal
Executive Summary: A fabrication items manufacturing expansion project is planned by a company in Delhi Road, Dankuni, West Bengal. It aims to increase fabrication capacity to 500 Tons/Month and hollow section capacity to 3300 Tons/Month. The project cost is estimated at Rs. 48.959 million. Approval from state pollution control authorities has been obtained by August 2023, highlighting a commitment to growth and environmental compliance.
Rs.352 Million Metal components Mfg. Expansion Project in Pune, Maharashtra
Executive Summary: Auto manufacturer's Pune project: 30,000 MT sheet metal components, Rs. 352.9M investment, eco-friendly, boosting local economy.
Rs.520 Million New Press & Fabricated Parts Mfg. Project in Pune, Maharashtra
Executive Summary: A manufacturing company plans to set up a new fabricated parts manufacturing project in Markal, Pune, Maharashtra, with a capacity of 1000 MTPM. The estimated cost of the project is Rs. 520 million. As of August 2023, the company has received consent from state pollution control authorities for project establishment.
Rs.330 Million MS Billet Mfg. Expansion Project in Kodarma, Jharkhand
Executive Summary: A metals company in Jharkhand plans to expand its MS billet manufacturing capacity from 15,000 to 148,500 TPA using 3x15T induction furnaces, a CCM-2X2 strand, and modernized rolling mills. The project also includes an electroplating unit. Estimated cost: Rs. 330 million. Construction begins in October 2023, targeting completion by March 2024. Environment clearance is being sought from the State Level Environment Impact Assessment Authority.