Latest Project Updates
Rs.512 Million New Steel Mfg. Expansion Plant in Solan, Himachal Pradesh
Executive Summary: A leading steel manufacturing company is planning to expand its operations with a new plant in Himachal Pradesh. The project involves an expansion of steel production capacity to 1,20,000 TPA & an estimated cost of 512.4 million rupees. Obtaining environment clearance is underway. The expansion aims to meet growing demand & strengthen the company's position as a leading producer of high-quality steel.
Rs.250 Million Ferro Alloys Expansion Project in Anantapuram, Andhra Pradesh
Executive Summary: A ferro alloys producer plans to increase production capacity of ferro manganese, silico manganese, and ferro silicon in Andhra Pradesh. The expansion project costs Rs.250 million and has obtained consent from state pollution control authorities as of Nov 2022. The company has a good reputation in the industry.
New M.S. Billets and Rolled Mild Steel Product Mfg. Expansion Plant in Nagpur, Maharashtra
Executive Summary: A leading steel manufacturer is expanding its operations by setting up a new plant in Maharashtra, India. It will produce high-quality M.S. billets & rolled mild steel, with a total capacity of 59000 TPA each. The project will cost Rs. 124.1 million and is expected to bring growth & job opportunities to the area. The company is currently obtaining environmental clearance for the project and the construction start date is yet to be announced.
Rs.1780 Million New Steel Expansion Plant in Paschim Bardhaman, West Bengal
Executive Summary: An Indian multinational conglomerate is constructing a new cold mill complex plant in West Bengal at an estimated cost of Rs. 4720 million. The plant will expand production capabilities while promoting sustainability and reducing environmental impact. Construction begins Oct 2022 and concludes June 2023.
Rs.250 Million Ferro Alloys Expansion Project in Anantapuram, Andhra Pradesh
Executive Summary: A Premier Ferro Alloys Company is planning to take up ferro alloys expansion project in Andhra Pradesh. The project involves increasing the production capacity of its ferro alloys plant from initial capacity of 8000 TPA to 44000 TPA.
Rs.431 Million Steel Mfg. Expansion Project in Sirmour, Himachal Pradesh
Executive Summary: A leading steel manufacturer plans to expand its production capacity in Himachal Pradesh. The project involves MS billet, MS flat, and ERW Pipe. Cost is around Rs. 431.536 million. The company got approval from the State Single Window Clearance Authority. It provides steel products to various industries and aims to cater to the growing demand for steel products.
Rs.980 million New Steel Mfg. Expansion Plant in Koderma, Jharkhand
Executive Summary: A leading steel manufacturer plans to expand with a new manufacturing plant in Jharkhand, India. The project involves increasing production capacity of steel billets and rolled products, and expanding the slag crushing unit. The estimated cost is 980 million and construction is set to start in March 2023 and end in May 2023, with environmental clearance underway.
Rs.599 Million MS Billets Unit Expansion Project in Sirmour, Himachal Pradesh
Executive Summary: A steel manufacturer plans to expand its MS billets unit plant in Himachal Pradesh to produce 86,400 MT of MS ingots billets and 103,680 MT of MS Bar annually. The project was approved in Jan 2019 and commenced in June 2019 with an estimated cost of Rs. 333.631 million. As of Nov 2022, the expansion involves an investment of Rs. 599.333 million, with approval from the State Single Window Clearance & Monitoring Authority.
Rs.1700 Million New Clad Bonded Products & Mono Metals Project in Dhar, Madhya Pradesh.
Executive Summary: A leading stainless steel manufacturer plans to establish a new Clad Bonded Products & Mono Metals manufacturing unit with a 3000 MT capacity in Pithampur, Madhya Pradesh, at a cost of Rs. 1700 million. The company has received consent from state pollution control authorities in November 2022. The subsidiary has strong presence in India, and its high-quality products are used in construction, automotive, and aerospace industries.
Rs.1002 Million New Iron and Steel Products Unit in Karnataka
Executive Summary: A new iron and steel products manufacturing project is planned in Chikkballapura, Karnataka, with an estimated cost of Rs. 1002.9 million. The project will cover an area of 12 acres and will be developed by a renowned company in India. The company has a proven track record of producing high-quality products, including steel pipes, bars, rods, and wires, and the new project is part of its expansion plans to meet the growing demand for iron and steel products in the region. The land for the project has been allotted by the state Land Allotment Committee.