Supreme Industries Commits to Invest INR 1100 crore
Supreme Industries has plans to commit capex of about INR 1100 Crores, including carry forward commitments and acquisition of building & infrastructure business of Wavin in India. Apr 25, 2025 Supreme Industries has planned to invest a capex of about INR 1100 crore that includes carry forward commitments and acquisition of building & infrastructure business […]
Odisha Invests INR 3,898.54 Crore Boosting the Steel and Other Sectors
Odisha’s single window clearance authority (SLSWCA) has approved 19 investment projects worth around INR 3,898.54 crore including the steel and steel products segment. May 03, 2025 Odisha’s single window clearance authority (SLSWCA) headed by chief secretary Manoj Ahuja has approved 19 investment projects worth around INR 3,898.54 crore consisting of a diverse range of high-impact […]
Tata Steel to Invest USD 1.18 Billion to Surge Iron Ore Production
Tata Steel will spend an estimated USD 1.18 billion to increase iron ore production from a production capacity of 40 million metric tonnes to 55 million metric tonnes. May 02, 2025 Tata Steel will spend an estimated USD 1.18 billion to increase iron ore production in Noamundi, Joda and Katamati iron ore up from a […]
Jindal (India) Enters into Steel Section Pipes and Tubes with INR 100 Crore Investment
Jindal (India) has entered the steel section pipes and tubes market, committing an investment of INR 100 crore at its manufacturing unit in West Bengal. Apr 30, 2025 Jindal (India) has officially entered the steel section pipes and tubes market, committing an investment of INR 100 crore at its manufacturing unit in West Bengal. This […]
Odisha Targets to Triple Steel Production by 2030
Odisha CM Mohan Charan Majhi has announced plans to increase its steel production capacity by more than 3 times to reach 130 million tonnes from 40 million tonnes by 2030. Apr 26, 2025 Odisha CM Mohan Charan Majhi has announced that the state has targeted to increase its steel production capacity by more than 3 […]
Chhattisgarh Steel Sector Attracts INR 1 lakh Crore Investment Proposals
Chhattisgarh currently produces 46 million tonnes of iron annually and aims to reach 65 million tonnes within the next five years. Apr 24, 2025 Chhattisgarh’s steel industry has received investor proposals of INR 1 lakh crore, according to State Minister for Commerce, Industry, and Labour, Lakhan Lal Devangan. He credited this surge to the successful […]
Gallantt Ispat Approves INR 1,014 Crore Expansion Plan
Gallantt Ispat’s board has approved a capital expenditure of INR 1,014.98 crore for the expansion of its steel plant in Gorakhpur. It also plans to establish a captive solar power plant. Apr 17, 2025 Gallantt Ispat’s board has approved proposals for a capital expenditure plan worth INR 1,014.98 crore, aimed at expanding production capacity at […]
Vardhman Special Steels Approves INR 2,000 Crore Investment for Green Steel Plant in Punjab
Vardhman Special Steels Limited has approved an investment of INR 2000 crore for the establishment of a new green steel plant in Punjab, focusing on the manufacturing of special and alloy steels. The facility will also increase billet production capacity from the current 300,000 MTPA to 500,000 MTPA. Apr 22, 2025 Vardhman Special Steels Limited […]
Centre Imposes 12% Safeguard Duty to Shield Indian Steel Sector
Centre imposes a 12 percent safeguard duty on the import of certain non-alloy and alloy steel flat products to ensure fair competition in the steel market. Apr 21, 2025 The Union Minister for Steel and Heavy Industries, Shri H. D. Kumaraswamy has welcomed the decision to impose a 12 percent safeguard duty on the import […]
Tata Steel Tubes Division Crosses One Million Tonne Milestone in FY25
Tata Steel Tubes Division has crossed 1 million tonne of production and sales in FY25, positioning itself as the most diversified tube manufacturer in India. Their expansion into value-added products and focus on sustainability drive the division’s growth. Apr 17, 2025 Tata Steel’s tubes division has crossed a significant milestone of one million tonnes of […]
