Electrosteel Castings Acquires 500 Acre Land for DI Pipe & Fittings Plant in Odisha
The greenfield plant, to be established at a 500-acre plot in Odisha, will have nearly 5 lakh tonnes capacity, equivalent to about 60 percent of ECL’s existing capacity of 8.5 lakh tonnes. The company plans to fund the project mostly from internal accruals. Jun 2, 2024 As part of its large-scale expansion and future diversification […]
Welspun Corp Doubles its Revenue, Up by 230% in a Year
Welspun Corp, one of the largest end-to-end piping solutions providers, recently announced an increase in their net profit and doubling of revenue from operations to INR 4,750 crore. The company has unveiled a capex of INR 500 crore for a new DI pipe manufacturing facility in the Middle East. Feb 09, 2024 Welspun Corp recently […]
