SAIL to Double Rourkela Steel Plant’s Capacity by Investing INR 30,000 Crore
The new expansion will increase the plant’s production capacity from 4.4 million TPA to 9.4 million TPA by 2030, along with several major infrastructure additions. Mar 16, 2025 Steel Authority of India Ltd (SAIL) has unveiled plans to invest INR 30,000 crore to expand its Rourkela Steel Plant (RSP) in Odisha, doubling its production capacity […]
India’s Plastic Pipe Industry Expected to Reach INR 50,000 Crore Market Size by FY25
The report highlights that the plastic pipes sector has achieved a robust 8% compound annual growth rate (CAGR) over the past decade, from FY15 to FY24, and is expected to reach a market size of INR 50,000 crore by FY25. Jan 13, 2025 According to a recent report by Jefferies, India’s plastic pipe industry has […]
Government Plans to Revive Rashtriya Ispat Nigam Limited
Union Steel Minister HD Kumaraswamy said that the government plans to revive Rashtriya Ispat Nigam Limited (RINL). Dec 31, 2024 Union Steel Minister HD Kumaraswamy opens up about the government plans to revive Rashtriya Ispat Nigam Limited (RINL). He said the Finance Ministry is committed to supporting the recovery of RINL through innovative financial mechanisms […]
Steel Pipe Makers: Huge Stock Gainers as Govt. Encourages Infra Projects
The steel pipe manufacturers are all set to be greatly benefitted from the CAPEX investments by the central and state governments in the sectors such as oil & gas, petrochemicals, and so on. The steel pipe industry is amongst the top gainers in the stock market as there is huge demand generated by numerous sectors, […]
