JTL Industries to Add 3 Lakh Metric Tonnes Per Annum Capacity with New ERW Pipe Manufacturing Line
JTL Industries has announced its plan to commission a new Electric Resistance Welded (ERW) pipe manufacturing line, specifically targeted to serve the ASTM/API-grade pipe market. This facility will add a substantial annual capacity of 3,00,000 metric tonnes per annum, strengthening the company’s position in the value-added and high-strength steel pipe segments July 10, 2025 JTL […]
German Green Steel & Power Files Draft for INR 450 Crore IPO to Expand Gujarat Operations
Gujarat-based German Green Steel & Power submits DRHP to SEBI for INR 450 crore IPO, funding capacity expansion and renewable power integration. Jul 8, 2025 Gujarat-based German Green Steel and Power Limited has filed its Draft Red Herring Prospectus (DRHP) with SEBI to raise INR 450 crore through an IPO. The issue comprises a fresh equity issuance […]
Shell Completes Acquisition of Raj Petro to Expand Lubricants Portfolio
Shell acquires Raj Petro to broaden its lubricants range, reinforcing its position in India’s retail fuel and service sector. Jul 2, 2025 Shell Lubricants has completed the full acquisition of Raj Petro Specialities, purchasing 100 percent equity from the Brenntag Group. This strategic move bolsters Shell’s lubricants portfolio and expands its customer base in India—an […]
Scoda Tubes Plans INR 100 Crore Investment to Expand Production Capacity
Scoda Tubes Limited plans INR 100 crore investment to expand stainless seamless and welded pipe capacity, driven by strong demand growth. July 1, 2025 Scoda Tubes Limited intends to invest INR 100 crore in FY 26 to expand its production capacity, doubling seamless output from 10,068 MT per annum to 20,068 MT per annum investing INR 55 crore; and welded […]
Rajputana Stainless Refiles DRHP: Focus on Debt Cut and Pipe Plant
Gujarat-based Rajputana Stainless has refiled its DRHP with SEBI in June 2025, reducing the fresh issue to INR 98 crore repayment and allocating INR 18.3 crore for a seamless‑pipes plant expansion. Jun 23, 2025 Gujarat-based long and flat stainless steel products manufacturer, Rajputana Stainless, has refiled its Draft Red Herring Prospectus (DRHP) with SEBI in June 2025, […]
SAIL Initiates INR 45,810 Crore Expansion at IISCO Steel Plant in Burnpur
Steel Authority of India Limited (SAIL) has kick-started the expansion of its IISCO Steel Plant in West Bengal, after receiving the environmental clearance. The new facility will manufacture advanced steel grades for the automobile and consumer durables sectors. Jun 16, 2025 SAIL has commenced the expansion and modernisation of its IISCO Steel Plant in Burnpur, […]
Jindal Saw to Set Up Pipe Manufacturing Units in UAE and Saudi Arabia Investing USD 118 Million
Jindal Saw will set up a 300,000 TPA pipe plant in Abu Dhabi and form joint ventures in Saudi Arabia for helically spiral welded (HSAW) and ductile iron pipes, targeting the MENA oil and gas sector. The company has invested USD 118 million in the projects. Jun 10,2025 Jindal Saw has approved the formation of […]
SAIL Announces INR 7,500 Crore Capex for FY25-FY26, Announces Expansion Plans
SAIL aims to increase its crude steel production capacity from current 20 million tonnes to 35 million tonnes by 2035 through brownfield and greenfield expansions, including debottlenecking efforts. Jun 5, 2025 The Steel Authority of India (SAIL) has come up with an investment plan worth INR 7,500 crore during the financial years 2025 and 2026. […]
Hi-Tech Pipes to Reach 1 Million Tonnes of Total Production Capacity by FY 26
Hi-Tech Pipes is setting up a greenfield plant at Secunderabad and a brownfield expansion at Sanand Unit-2. These expansion strategies play a pivotal part in their goal to achieve 1 million tonnes of total production capacity by FY 26. May 31, 2025 Hi-Tech Pipes is setting up a greenfield plant at Secunderabad that is already […]
Sambhv Steel Tubes: Driving Growth Through Capacity Expansions and Strategic Greenfield Project
Sambhv Steel Tubes Private Limited, a subsidiary of Sambhv Steel, has acquired land (in Chhattisgarh) for the establishment of a greenfield project. The company has also expanded its product portfolio by manufacturing specialty alloy steel pipes, including Corten steel pipes, and has increased the installed capacities for ERW (Electric Resistance Welded) and GI (Galvanized Iron) […]
