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 […]
Welspun Tubular Announces USD 100 Million Investment to Upgrade US Plant
The expansion will include pipes up to 24-inch diameter and 0.750-inch wall thickness, with capacities reaching 350 KMTPA and product grades up to X80. Production is expected to begin in early 2026 at Welspun’s Little Rock plant in Arkansas. Nov 11, 2024 Welspun Tubular LLC, a subsidiary of homegrown Welspun Corp Limited and leading global […]
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, […]
