Latest Project Updates
Rs.172500 Million New Integrated High-Tech Manufacturing Cluster in Dhenkanal, Odisha
Executive Summary: A state government has approved a major integrated manufacturing cluster in Dhenkanal district with an investment of ₹17,250 crore. The multi-product complex will support automotive, aerospace, defence, and specialty materials sectors. It includes specialty steel, titanium alloy, super alloy, casting, and forging units, along with vendor parks and shared infrastructure, backed by a special incentive package.
Rs.720 Million Aluminium Profiles Mfg. Expansion Project in Medak, Telangana
Executive Summary: An aluminium profiles manufacturing expansion is planned at an existing facility in Kallakal village, Manoharabad Mandal, Medak district, Telangana. The project will raise aluminium extrusion capacity from 34,000 MTPA to 58,000 MTPA with an investment of Rs. 720 million. Regulatory consent has been obtained, and the expansion will support growing demand, improve efficiency, and generate employment.
Rs.215 Million New DI Castings Unit in Paschim Bardhaman, West Bengal
Executive Summary: A new ductile iron castings manufacturing unit is proposed at Bamunara Industrial Area, Kanksa, Paschim Bardhaman, West Bengal. The project will have a production capacity of 900 metric tonnes per month. Estimated at Rs. 215.8 million, the project has received consent from the state pollution control authorities as of January 2026.
Rs.14600 Million New Copper Rod, Oxygen Free Copper Rod Mfg. Unit in Vadodara, Gujarat
Executive Summary: A new manufacturing facility in Gujarat will produce copper rods, oxygen-free copper rods, copper alloy rods, wires, PV ribbons, copper foil, and copper nuggets with an annual capacity of 458,662 MTPA. The project, estimated at Rs. 14,600 million, is scheduled for construction from January 2027 to December 2029 and is under environmental clearance review as of January 2026.
Rs.6200 Million New Greenfield Steel plant in Raigarh, Chhattisgarh
Executive Summary: A new greenfield steel plant is planned in Bhupendrapur, Raigarh, Chhattisgarh, featuring DRI kilns, induction furnaces, rolling mills, ferroalloy production, a ductile iron pipe plant, coal washery, power generation (36 MW WHRB & 14 MW AFBC), and a fly ash brick plant with railway siding. Estimated at Rs. 6,200 million, construction is scheduled from May 2027 to December 2029, with environmental clearance submitted as of January 2026.
Rs.3279 Million New Seal bearing, Plastic Strut and Rack Bush Mfg. Unit in Alwar, Rajasthan
Executive Summary: A steel casting company in Andhra Pradesh is expanding its manufacturing plant for engineering goods and industrial valves. Current production is 650 tonnes of engineering goods and ~380 valves per month, with plans to scale engineering goods to 2,000 TPM. The Rs. 1,200 million expansion, covering casting, melting, forging, fettling, and machining, has state pollution control approval as of January 2026.
Rs.132500 Million Integrated Steel Plant Expansion Project in Dhenkanal, Odisha
Executive Summary: An integrated steel plant expansion is proposed at Meramandali in Dhenkanal district, Odisha. The project aims to increase crude steel capacity from 5.6 MTPA to 7.1 MTPA and finished steel output to 8.3 MTPA. The investment is estimated at Rs.132,500 million. Construction is planned from April 2027 to September 2030 and is awaiting environmental clearance.
Rs.210000 Million Aluminium Smelting and Battery-Grade Aluminium Foil Mfg. Expansion Project in Odisha
Executive Summary: The project expands primary aluminium smelting capacity and adds a battery-grade aluminium foil unit to strengthen integrated operations. It targets electric mobility and energy storage demand through modern smelting technology and downstream flat-rolled integration. With an investment of about Rs 210,000 million, the Odisha-based facilities are being implemented in phases, with partial commissioning already completed at the Sambalpur district location.
Rs.520 Million New Steel Mfg. Unit in Himachal Pradesh
Executive Summary: A new steel manufacturing unit is proposed in Himachal Pradesh to produce 118,800 TPA of steel ingots, billets, and TMT bars using two 15 TPH induction furnaces and a rolling mill. The project entails an investment of Rs.520 million. Construction is scheduled from September to December 2026 and is under review for environmental clearance.
Rs.12262 Million New Integrated Steel Plant in Maharashtra
Executive Summary: An MoU has been signed with the Government of Maharashtra to set up a greenfield integrated steel plant of 2 MTPA capacity at Gadchiroli. The proposed project involves an investment of about ₹12,262 crore and is expected to support regional industrial growth, enhance domestic steel production, and generate substantial employment as approvals move forward.