Sambhv Steel Tubes to Acquire 15% Stake in Vajra Alloys
Sambhv Steel Tubes Limited has approved an investment of INR 7.51 crore to acquire a 15% stake in Vajra Alloys. Apr 2, 2026 Sambhv Steel Tubes Limited has announced an investment of approximately INR 7.51 crore in Vajra Alloys Private Limited through preferential allotment. The company will acquire around 15% equity stake, amounting to 18,507 […]
Jindal Stainless Advance Industrial Decarbonisation with INR 132 Crore Investment in RE Project in MP
Jindal Stainless and Oyster Renewable Energy Pvt Ltd today announced the commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Agar-Malwa, Madhya Pradesh. The project, developed by Oyster Renewable and set at a total investment of over INR 2,000 crore, includes a committed investment of INR 132 crore from Jindal Stainless Mar 27, […]
JSW Steel, JFE Steel Establish Joint Control Over JSW Kalinga with INR 7,875 Crore Investment
JFE Steel invests INR 7,875 crore for 25% stake in JSW Kalinga, marking joint control and advancing strategic steel partnership. Mar 30, 2026 JSW Steel Limited and JFE Steel Corporation, Japan have operationalised their joint venture by establishing joint control over JSW Kalinga Steel Limited following a INR 7,875 crore investment by JFE. JFE has […]
Tata Steel Invests Upto USD 2 Billion in T Steel Holdings
Tata Steel is investing upto USD 2 billion in T Steel Holdings, a wholly owned Singapore-based subsidiary of the company, by subscribing to its equity shares in one or more tranches from fiscal 2027. Mar 19, 2026 Tata Steel has also approved an investment of up to USD 2 billion in T Steel Holdings, a wholly […]
Punjab Emerging As An Investment Hub for Steel Sector
Punjab has emerged as a major investment destination during the Progressive Punjab Investors’ Summit, with ease-of-business policies, fresh investments and expansion plans in the state. Mar 16, 2026 Punjab Chief Minister Bhagwant Singh Mann plans to transform Punjab into a major investment destination during the Progressive Punjab Investors’ Summit, with ease-of-business policies, fresh investments and […]
Scoda Tubes Proposes INR 400 Million Capacity Addition at Mehsana, Gujarat
Scoda Tubes Limited has proposed capacity addition of welded tubes & pipes at Mehsana, Gujarat. The total investment required for this addition is INR 400 million. The proposed capacity addition is to 8,000 MTPA by the end of Q3 FY 2026-27. Feb 27, 2026 Scoda Tubes Limited has proposed capacity addition of welded tubes & […]
Lloyds Metals and Energy Expands into UAE with New Dubai Subsidiary
Lloyds Metals and Energy Limited has incorporated ‘Virtus Lloyds Resources FZCO’ to expand its investment in metals and mining in the United Arab Emirates. The company aims to enter into a strategic partnership with metals and minerals developers from the United States of America (USA). Feb 19, 2026 Lloyds Global Resources FZCO (LGRF), a wholly […]
Surya Roshni Commissions New Spiral Pipe Project at Malanpur
Surya Roshni has commissioned a new spiral pipe manufacturing project at Malanpur in Madhya Pradesh, to cater to rising water infrastructure demand. Feb 12, 2026 Surya Roshni Ltd has commissioned a new spiral pipe manufacturing project at its Malanpur facility in Madhya Pradesh, with an investment outlay of around INR 50 crore. The project has […]
Viraj Profiles Signs MoU with Ministry of Steel Under PLI Scheme, Commits INR 280 Crore Investment
Viraj Profiles has signed an MoU under the PLI scheme, committing INR 280 crore to boost value-added steel manufacturing capabilities. Feb 10, 2026 Viraj Profiles Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Government of India’s Production Linked Incentive (PLI) scheme, with a planned investment of INR […]
Visvesvaraya Iron & Steel Plant Set for Revival with INR 5,000 Crore Phase-1 Investment
Union Minister Shri HD Kumaraswamy has announced INR 5,000 crore Phase-1 revival plan for Visvesvaraya Iron & Steel Plant (VISP), in Bhadravathi, Karnataka, strengthening India’s steel and manufacturing ecosystem. Jan 27, 2025 Union Minister of Steel and Heavy Industries and Steel Authority of India Limited Shri HD Kumaraswamy has announced INR 5,000 crore Phase-1 revival […]
