Tata Steel’s Long-term Growth Strategy in India
The Board has approved for a 4.8 MTPA capacity expansion at Neelachal Ispat Nigam Limited, to further expand the long products portfolio. The company will also enhance the finished steel capacity in the flats products, by setting up a 2.5 million tonnes thin slab caster and rolling facilities at Tata Steel Meramandal. The company plans […]
JSW Infrastructure Announces INR 30,000 Crore Capex to Achieve 400 Million TPA cargo-handling capacity
The company plans capacity enhancements at its three brownfield projects and establishment of three new ports in Odisha, Karnataka and Maharashtra. Besides, it aims to achieve net neutrality by 2050. Dec 26, 2024 JSW Infrastructure Limited (JSWIL), India’s leading private port operator and part of the JSW Group, is set to reshape the nation’s ports […]
Tube Investments to Acquire Majority Stake in KCAL India for INR 62 Crore
The acquisition of Kcaltech System India Private Limited (KCAL India), a subsidiary of South Korea’s KC Altech Company Limited, will enhance the presence of TII, a Murugappa Group firm, in the HVAC market. Nov 29, 2024 Murugappa Group’s Tube Investments of India Limited has signed an executive agreement to acquire a 67 percent equity stake […]
Jindal India Plans to Expand Production Capacity with INR 1,500 Crore Investment
Jindal India announced a capex spend of over INR 1,500 crore to effect a strategic capacity expansion of 0.6 million MT, a 60 percent increase from its current capacity of 1 million metric tonne per annum. Nov 5, 2024 Jindal India announced its plans to invest INR 1,500 crore to increase its annual production capacity […]
