Ashirvad Pipes to Invest INR 400 crore in Two New Plants
Ashirvad Pipes is planning to invest around INR 400 crore in setting up two greenfield manufacturing facilities in South India—Chennai and Hyderabad— by FY27, increasing the production capacity from 3 lakh tonnes to 4 lakh tonnes per annum. Mar 10, 2025 Belgium-based Aliaxis’ unit in India, Ashirvad Pipes, is planning to invest around INR 400 […]
Jindal Stainless to Invest INR 700 Crore in Decarbonization Projects
The amount will be utilized in the next five years for establishing various environment-friendly projects, which include green hydrogen, renewable energy, biodiversity conservation and waste management, along with adoption of carbon capture technologies. Mar 11, 2025 Jindal Stainless Limited (JSL) has announced plans to invest INR 700 crore in decarbonization projects in the next five […]
JTL Industries Incorporates JTL Engineering; Acquires Nabha Steels & Metals
JTL Industries Limited has incorporated JTL Engineering Limited, earlier known as Nabha Steels & Metals, as its subsidiary. Mar 12, 2025 JTL Industries Limited has incorporated JTL Engineering Limited as its subsidiary. The company was formerly known as Nabha Steels & Metals. This transition aligns with JTL’s long-term strategy to strengthen its market position in […]
Supreme Industries to Acquire Wavin India’s Indian Plastic Piping Business for USD 30 Million
Supreme Industries and Wavin India have signed a Memorandum of Understanding to acquire Wavin India’s plastic piping business with an investment of USD 30 million. Mar 11, 2025 Supreme Industries has signed a Memorandum of Understanding with Wavin India to acquire its Indian Piping Business with an investment of USD 30 million. The acquisition will […]
MAN Industries Inaugurates Advanced Spiral Mill and Coating Facility worth INR 100 Crore
The new facility has successfully increased its capacity by an additional 50,000 TPA, expanding its total annual production capacity from 100,000 tonnes to 150,000 tonnes, significantly enhancing the company’s manufacturing capabilities. Mar 10, 2025 MAN Industries (India) Limited has announced the inauguration of its newly installed Spiral Mill for narrow range pipes and an advanced […]
Hariom Pipe Bags 60 MW Solar Photovoltaic Project Order from MSEDCL
Hariom Pipe Industries has attained a LoA from Maharashtra State Electricity Distribution for a 60 MW solar photovoltaic power project. Mar 04, 2025 Hariom Pipe Industries has received a letter of award (LoA) from Maharashtra State Electricity Distribution (MSEDL) for a 60 MW (AC) solar photovoltaic power project. The scope of this project includes ownership, […]
Welspun Specialty Solutions Wins L1 Bid for BHEL’s Thermal Power Projects worth INR 231.77 Crore
Welspun Speciality Solutions Limited has emerged as the L1 bidder for a supply of 4,050 tonnes of stainless steel seamless boiler tubes for a thermal power project from Bharat Heavy Electricals Limited. Mar 04, 2025 Welspun Speciality Solutions Limited (WSSL) has emerged as the L1 bidder for a 4,050-tonne supply contract for seamless boiler tubes […]
Apollo Pipes to Enhance Capacity to 2.86 Lakh Tonnes in Next 3 Years
Apollo Pipes Limited is expecting an enhancement of 41,500 tonnes in its capacity in the next three years through greenfield and brownfield expansions. Mar 5, 2025 Apollo Pipes Limited, leading manufacturer of PVC pipes and related products in India, has announced plans to increase its capacity from the existing 2.16 lakh tonnes to 2.86 lakh […]
Finolex Plans to Invest INR 150 Crore, Expand Capacity by 50,000 Tonnes
Finolex will increase its capacity by around 25,000 tonnes in this Q4 FY ’25, while the remaining 25,000 tonnes will be added by Q1 FY ’26. Mar 5, 2025 Finolex Industries Limited, a backward integrated manufacturer of PVC pipes and fittings in India, has announced to invest INR 100-150 crore in the next two years, […]
APL Apollo Pipes Increases Stake in Subsidiary Kisan Mouldings
APL Apollo Pipes Limited has acquired an additional 1% equity stake in KML, taking the total equity holding to 57.08%. The cost of acquisition is approximately INR 5.59 crore, and the total paid-up is INR 119.5 crore. Feb 27, 2025 APL Apollo Pipes Limited has acquired an additional 1% equity stake through a secondary purchase […]
