Japanese steel processor India Metal One Steel Plate Processing Private Limited (IMOP) has inaugurated its second manufacturing facility at Sri City, Andhra Pradesh, with an investment of INR 108 crore, increasing its annual production capacity by 25% to 60,000 tonnes.
Nov 12, 2026
India Metal One Steel Plate Processing Private Limited (IMOP), a Japanese steel plate processing company, has inaugurated its second manufacturing facility at Sri City in Andhra Pradesh. The new plant, spread across 12,000 sq. m, takes the company’s total investment in Sri City to INR 408 crore.
The expansion increases IMOP’s annual production capacity from 48,000 tonnes to 60,000 tonnes, representing a 25% rise. The facility is also expected to generate 200 additional jobs, taking the company’s total workforce to approximately 850 employees.
Established at Sri City in August 2012, IMOP supplies processed steel plates, steel frame assemblies and precision components to leading construction equipment manufacturers. Its customers include Caterpillar, Kobelco, Tata-Hitachi and Doosan Bobcat, while its key suppliers include Tata Steel, Jindal Steel and JSW Steel.
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Sri City managing director Dr Ravindra Sannareddy said IMOP’s expansion reflected the growing confidence of global investors in Sri City. He said the investment would create employment opportunities and strengthen the region’s industrial ecosystem.
