Lanco Industries has received an approval for capex plan of Rs 325 crore to set up a Small Dia Pipe (SDP) Plant of 100,000 TPA for sizes ranging 100mm to 300mm dia with increased capacity of Blast Furnace and other facilities. The board of directors at its meeting held on July 28, 2014 has approved for the same.
Lanco Industries is engaged in the manufacturing of DI pipes, foundry and SG-grade pig iron and portland slag cement with DI pipes being the main product.