New Investments in Metal Industries 2018-19

The metal industries comprise casting of iron and steel, manufacture of basic iron and steel, basic precious and other non-ferrous metals, fabricated metal products, other fabricated metal products and ferro-alloys.

Key projects that happened during last year.

  • Rs.644 Million New Aluminium Dross Refining Unit In Odisha

Runaya Refining, promoted by Vedanta group has got the consent from the Odisha Pollution Control Board to set up a new aluminium refining unit at Jharsuguda in Odisha. The project involves setting up a 30,000 tonnes per annum aluminium dross refining unit. The project is estimated to cost Rs.644.3 million.

  • Rs.168 Million New Lead & Lead Alloys Mfg. Project In Spsr Nellore, Andhra Pradesh

Ardee Industries has received consent from the state pollution control authorities to establish new lead and lead alloys manufacturing project in Naidupet, SPSR Nellore, Andhra Pradesh. The project involves manufacturing lead and lead alloys with manufacturing capacity of 200 Tons/day with investment of Rs.168.3 million.

  • New High-Grade Flat Steel Plant In Vizag, Andhra Pradesh

Rashtriya Ispat Nigam Ltd (RINL) is open to foray into flat steel if South Korean automotive manufacturer Hyundai Motor Company finalises Vizag as its site for manufacturing high-grade steel. The new plant with 3000 acres of land utilized from RINIL. It capacity is not less than 3 million tonne. It produces high-grade flat steel sector and long products for the automotive sector.

  • Rs.6000 Million New Steel Rolling Mill Coming Up In Hospet, Karnataka

Mukand Sumi Special Steel, joint-venture (JV) between Japan’s Sumitomo Corporation and Mukand Ltd is is planning to take up new steel rolling mill Coming up in Hospet, Karnataka. In March 2017, Mukand Alloy Steel, setting up a plant to produce steel rolling and finishing products with an initial capacity of 3,75,000 TPA extended to 400,000 TPA over the next 3-4 years. Total cost of the project is Rs.6000 million.

  • New Aluminium Alloy Mfg. Project In Vadodara, Gujarat

Century Metal Recycling has filed industrial entreprenuers’ memorandum for setting up new aluminium alloy manufacturing project in Savli, Vadodara, Gujarat. The project involves manufacturing aluminium alloy with capacity of 22000 MT.

  • Rs.35000 Million New Aluminum Extrusion And Aluminum Recycling Plants In Gujarat

Hindalco Industries has signed MoUs with government of Gujarat for setting up new aluminum extrusion and aluminum recycling plants in Kutch, Gujarat. The project involves setting up the 1.50 lakh TPA aluminum extrusion plant in two and 3 lakh TPA aluminum recycling plant will be set up in three phases. The total cost of the project is Rs.35000 million.

  • Rs.300 Million Aluminum Castings Expansion Project In Aurangabad, Maharashtra

Endurance Technologies has received consent from the state pollution control authorities to establish its aluminum castings expansion project in MIDC Waluj, Aurangabad, Maharashtra. The project involves expanding the manufacturing capacity of aluminum and powder coating of automobile with investment of Rs.300 million.

  • Rs.10000 Million New Steel Plant In Auric, Maharashtra

Novolipetsk Steel, manufacturer of high-quality steel products, has announced to take up new steel plant in Aurangabad Industrial City(AURIC)-Shendra, Aurangabad, Maharashtra. The project involves setting up new plant with 75 acres of land with investment of Rs.10000 million.

  • Rs.5331 Million Ingots / Billets Expansion Project In Bhandara, Maharashtra

Sunflag Iron & Steel has received consent from the state pollution control authorities to establish its ingots billets expansion project in Mohadi, Bhandara, Maharashtra. The project involves expanding the manufacturing capacity of pig iron / hot, ingots / billets, rolled steel and sinters. The estimated cost of the project is Rs.5331.6 million.

  • Rs.2470 Million New Steel Coil Mfg. Project In Andhra Pradesh

Hyundai Steel Anantapur he company has filed industrial entreprenuers’ memorandum for setting up new steel coil manufacturing project in Erramanchi, Anantappur, Andhra Pradesh. The project involves manufacturing of Blanking, Slitting And Shearing of Of Cr/Eg/Ga/Po Steel Coil with capacity 191000 MTAwith investment of Rs.2470 million.

  • Rs.270 Million New Copper Products Mfg. Project In Medak, Telangana

Aanvik Mercantile has received consent from the state pollution control authorities to establish new copper products manufacturing project in Shivampet, Medak, Telangana. The project involves manufacturing of copper rod, copper bus bar, paper insulated copper conductor, fiel coils,etc. The estimated cost of the project is Rs.270 million.

  • Rs.7000 Million New Steel Plant In Maharashtra

Lloyds Metals and Energy has signed Memorandum of Understanding with Government of Maharashtra for set up a new steel plant in Maharashtra. The project involves setting up a Mineral based Steel Plant at Gadchiroli District, Maharashtra. The project which is to be implemented in 2 phases is likely to entail an investment of Rs.7000 million. ♦

This is an excerpt taken from New Projects Tracker – Annual Review 2018-19, A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

To download the full report, Click Here

Download Now – Special Research Report

A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

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