Latest Project Updates
New Structural Steels Mfg. Project in Ludhiana, Punjab
Executive Summary: A new structural steel manufacturing project is set to launch in Garhi Tarkhana, Ludhiana, Punjab, with a capacity of 45,000 TPA. Estimated at Rs. 99.989 million, construction starts in March 2024 and concludes in October 2024. Environmental clearance is in progress as of September 2023.
Rs.129 Million New Steel Ingot Mfg. Project in Jalandhar, Punjab
Executive Summary: A Steel Company is planning to take up new steel ingot manufacturing project in Punjab. The project involves manufacturing of steel Ingot @ 90 TPD or 29700 TPA
Rs.605 Million New Steel Ingots/Billets Mfg. Project in Fatehgarh Sahib, Punjab
Executive Summary: A well-established steel company with a focus on quality and innovation is expanding its production capacity in Punjab, with plans to create new job opportunities. Its strong reputation for reliability and customer satisfaction positions it for continued success in the competitive steel market.
Rs.316 Million Steel Mfg. Expansion Unit in Fatehgarh Sahib, Punjab
Executive Summary: A steel manufacturing expansion in Punjab with 157,500 TPA capacity for M.S ingots, rolled products. Cost: Rs.316.3 million. Construction from Feb 2024 to Feb 2025. Project seeks environmental clearance from State Level Environment Impact Assessment Authority
Rs.222 Million New Automotive Mfg. Project in Ludhiana, Punjab
Executive Summary: Revolutionary auto manufacturing project in Ludhiana, Punjab: CI casting (45 T/day) for auto, agri& engineering. Investment: Rs. 222.65M. Eco-consent secured. Advancing industries with quality and eco-consciousness.
Rs.165 Million Steel Mfg. Expansion Unit in Fatehgarh Sahib, Punjab
Executive Summary: A steel manufacturer plans expansion in Punjab, boosting steel ingots/billets capacity to 140,000 TPA and TMT bars, rounds, flats, angles, channels (rolling mill) to 137,000 TPA. Cost: Rs. 165.3M. Seeking environmental clearance from Ministry of Environment by Aug 2023, reflecting commitment to growth and sustainability.
Rs.390 Million New Hotel Construction Project in Amritsar, Punjab
Executive Summary: New hotel construction in Amritsar with 234 rooms. Project cost: Rs. 390 million. Construction from Oct 2023 to Oct 2026. Environment clearance process initiated by Aug 2023.
New Hotel Project in Mohali, Punjab
Executive Summary: A new hotel project is set to rise in Shivalik Foothills, Zirakpur, Punjab. The property will have 80 well-appointed rooms, banquets, a conference room, a restaurant, a fitness center, and other public areas. It is expected to be operational by Q2 of fiscal year 2027 and managed by an experienced hotel management company.
New Rolling Mill Project in Ludhiana, Punjab
Executive Summary: A company is initiating a new rolling mill project in Sirah, Ludhiana, Punjab with a steel bar manufacturing capacity of 116,550 TPA. The estimated cost is Rs. 80.2 million, and the construction is planned from December 2023 to July 2024. The project awaits environmental clearance from the Ministry of Environment, Forest and Climate Change of India as of July 2023.
Rs.137 Million New Rolling Mill Mfg. Project in Ludhiana, Punjab
Executive Summary: A metallurgical unit expansion project is planned in Ludhiana, Punjab. The project aims to increase capacity from 138 MT/day to 350 MT/day, with an estimated cost of Rs. 200 million. Construction is scheduled from July to August 2023. As of July 2023, the project involves manufacturing capacities for various steel products and awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change of India.