Hi-Tech Pipes Limited plans to expand its manufacturing capacity at Sanand, Gujarat and set up a new manufacturing unit at Sri City (Chinnapandru), Andhra Pradesh. The company will set up new Direct Forming Technology (DFT) Line at both units for the production of large diameter section pipes. 

May 14, 2026

Hi-Tech Pipes Limited plans to expand its manufacturing capacity at Sanand, Gujarat and set up a new manufacturing unit at Sri City (Chinnapandru), Andhra Pradesh. 

The company is expanding its existing manufacturing unit situated at Sanand, Gujarat  with a new Direct Forming Technology (DFT) line of 100,000 MTPA capacity for production of large diameter section pipes with range from 200×200-500×500 which has a high demand in the construction and infrastructure sectors in the western of India.

The project also includes a greenfield project. The company is setting up of new manufacturing unit at Sri City (Chinnapandru), Andhra Pradesh with a new Direct Forming Technology (DFT) line of 90,000 MTPA capacity for production of large diameter section pipes of the same range as mentioned above, which has a high demand in the construction and infrastructure sectors and a small diameter round and Electric Resistance Welded (ERW) plant with 30,000 MTPA capacity for production of hollow sections pipes which has high demand for general fabrication and water transportation in the southern of India. 

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The company will invest INR 140 crore for the expansion and establishment of a new manufacturing facility, as proposed in the offer document. It will be utilized in three phases.  The company proposes to utilise an estimated amount of up to INR 250 crore out of its net proceeds towards repayment and/or pre-payment of certain existing borrowings availed by the company.  In the event the net proceeds are insufficient for payment of pre-payment, payment shall be made from the internal accruals of the company.