Latest Project Updates
Rs.4250 Million Aluminium Rolled and Extrusion Products Unit Expansion Project in Bengaluru Rural, Karnataka
Executive Summary: A leading aluminium manufacturer is expanding its Bengaluru-based facility with a Rs. 4,250 million investment. The project scales up production across rolled, extruded, and powder-coated product lines while expanding the facility's footprint. The proposal is currently undergoing environmental assessment, with construction planned for completion between late 2027 and late 2028.
Rs.27000 Million Expansion Steel Manufacturing Project in India
Executive Summary: A major expansion initiative is being undertaken to enhance value-added steel production capacity across multiple existing plants. The project, with an investment of Rs 27000 million, focuses on strengthening downstream capabilities and improving product mix. It includes installation of new processing lines and advanced manufacturing units. The expansion is aligned with market demand growth and is expected to be implemented in phases with required approvals.
Rs.7200 Million Expansion Pellet Plant Project in Raipur, Chhattisgarh
Executive Summary: The project involves setting up a new 1.50 MnTPA straight-grate pellet plant along with raw material handling systems and associated facilities at Siltara in Raipur. The expansion will double pellet production capacity and is estimated to cost Rs 7200 million. Planned within the existing integrated steel plant, the project has a construction timeline of about 24 months and is subject to lender approvals and financial closure.
Rs.114000 Million New Green Steel Plant in Nagpur, Maharashtra
Executive Summary: A significant industrial development in Maharashtra involves establishing a new green steel plant with an investment of Rs. 114,000 million. Recently approved by the state government, this facility aims to integrate sustainable manufacturing processes into the steel sector. The project is expected to drive regional economic growth while contributing to the production of eco-friendly industrial materials.
Rs.384 Million MS Steel Mfg. Project in Sundargarh, Odisha
Executive Summary: A rolling mill expansion project in Ramabahal, Sundargarh, Odisha, now targets a capacity of 86,400 TPA and includes a 4200 Nm³/hr producer gas plant. Additionally, an MS pipe manufacturing unit (200,000 TPA) worth Rs. 384.255 million is planned. Environmental and pollution control approvals are in place.
Rs.2560 Million New Steel Plant in Chandrapur, Maharashtra
Executive Summary: A new steel manufacturing plant is set to be established in Chandrapur, Maharashtra, with a capital investment of Rs. 2,560.1 million. Recently approved by the state government, this industrial facility is designed to enhance local steel production output. The development represents a significant expansion in the region’s metallurgical capacity and is currently moving toward its primary implementation phase.
Rs.400000 Million New Steel Plant in Gadchiroli, Maharashtra
Executive Summary: A massive new steel manufacturing facility is being established in Gadchiroli, Maharashtra, following state government approval in April 2026. Representing a landmark investment of ₹40,000 crore, this project is set to significantly enhance regional industrial output. The facility aims to generate thousands of jobs, fostering substantial economic growth and long-term development in one of the state's key industrial sectors.
Rs.97040 Million Electrical Steel Complex in Saraikela-kharsawan, Jharkhand
Executive Summary: A major steel manufacturer is planning to set up a 0.5 MTPA electrical steel production complex in Jharkhand with an investment of ₹97,040 million. Scheduled for phased construction from January 2027 to December 2034, the project is currently undergoing the mandatory environmental clearance process with state authorities as of April 2026 to pave the way for this industrial development.
Rs.3000 Million New Metals Mfg. Project in Jharsuguda, Odisha
Executive Summary: A specialized joint venture is establishing a new facility in Odisha to produce high-value, gas-atomized aluminium powders for high-tech industries. Representing a Rs. 3,000 million investment, this project recently received formal approval from the state’s Single Window Clearance Authority. By enabling domestic manufacturing of these advanced materials, the facility aims to significantly reduce import dependency and strengthen India's industrial ecosystem.
Rs.9550 Million New Iron and Steel Mfg. Unit in Sambalpur, Odisha
Executive Summary: A major steel manufacturer is investing Rs. 9,550 million to upgrade its existing sponge iron plant in Sambalpur, Odisha, into an integrated steel facility. Recently approved by the state’s Single Window Clearance Authority, this project will significantly enhance regional steel production capacity and create over 1,600 jobs, reinforcing the state's status as a premier hub for metal manufacturing.