Latest Project Updates
Rs.817 Million DRI Plant Expansion Plant in Hazaribagh, Jharkhand
Executive Summary: A major steel plant expansion in Senegarha, Jharkhand, will cost Rs. 817.8 million. It includes increasing DRI plant capacity, adding 3x15 T induction furnaces, a 2-strand continuous casting machine, a 400 TPD rolling mill, and expanding the project area. A new 15 MW power facility will also be established. Construction is scheduled from July 2025 to December 2026, with environmental clearance under review.
Aluminium Extruded Profiles And Parts Mfg. Expansion Project in Solan, Himachal Pradesh
Executive Summary: An industrial firm is setting up a new facility in Village Katha, Solan, to produce Aluminium Extruded Profiles and Parts with a 4,000 MTPA capacity. The project, costing Rs. 98.307 million, is in the pre-project phase as of September 2024.
Aluminium Product Mfg. Unit Expansion Project in Una, Himachal Pradesh
Executive Summary: A leading aluminium manufacturer is set to build a new facility in Una, Himachal Pradesh, to produce aluminium plates, sheets, and coils with a capacity of 6,480 tonnes per annum. The Rs. 74.2 million project is currently in pre-launch stages as of September 2024.
New Ingots/Billets Mfg. Project in Raipur, Chhattisgarh
Executive Summary: A new steel manufacturing project is set to launch in the Urla Industrial Area, Raipur, Chhattisgarh. The facility will produce 59,900 metric tons of ingots and billets annually, along with 30,000 metric tons of re-rolled products per year. As of September 2024, it has received consent from the state pollution control authorities.
Rs.575 Million New Aluminium Forging Facility in Jamshedpur, Jharkhand
Executive Summary: A new aluminium forging facility is planned for Jamshedpur, Jharkhand, with a capacity of 3,000 metric tons per annum and an estimated cost of Rs. 575 million. The project is set to be commissioned by Q2 FY26. As of September 2024, the investment proposal has been approved by the company's Board of Directors.
Rs.412 Million New Packaging Material Mfg. Unit in Mahbubnagar, Telangana
Executive Summary: A new packaging material manufacturing unit is being set up in Polepalle, Jedcheria, Mahbubnagar, Telangana, with an estimated cost of Rs. 412.6 million. The facility will produce ABL/PBL tubes (21 lakhs kg/month), flexible packaging (60 tons/month), and aluminum tubes (21 lakhs units/month). As of September 2024, state pollution control authorities have approved the project.
Induction Furnace Capacity Expansion Project in Bilaspur, Chhattishgarh
Executive Summary: A steel Industrial Company is expanding its Induction Furnace capacity at Silpahri Industrial Area, Bilaspur, Chhattisgarh. The upgrade will increase capacity from 35,770 to 59,900 tonnes per year by adding an 8 Tonne unit and expanding the Continuous Casting Machine and Hot Charged Rolling Mill. The project has received environmental clearance as of September 2024.
Rs.293 Million New Metal Product Mfg. Projects in Mysore, Karnataka
Executive Summary: A new project is underway at Hebbal Industrial Estate, focusing on manufacturing aluminum products. With a projected investment of Rs. 293.1 million, the facility will use advanced technology to produce high-quality products for industrial and construction use. Approved by the State High Level Clearance Committee in June 2024, construction began in August 2024.
Rs.700 Million New S.S Sheet/Coil/Round Bar/Hex Bar/Square Bar Mfg. Project in Sabar Kantha, Gujarat
Executive Summary: A new manufacturing facility is being set up in Gujarat to produce stainless steel sheets, coils, and bars with a capacity of 10,000 Metric Tons Per Month. The Rs. 700 million project covers 50,742 square meters and aims to meet growing demand. Construction is set to start in December 2024 and finish by July 2025, with environmental clearance underway.
Rs.152 Million New Sand Casting Project in Shimoga, Karnataka
Executive Summary: A major precision engineering company is launching a new project focused on gravity and sand casting, along with machining solutions, with an investment of Rs. 152.5 million. Approved in June 2024, the project commenced in September 2024, aiming to enhance production efficiency, drive technological innovation, and create jobs, thereby strengthening its position in advanced manufacturing.