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APL Apollo launches steel frames to boost low cost housing

20 Feb 2015 Evaluate

APL Apollo Tubes, India’s leading ERW steel tubes manufacturer has launched new steel door and window frames, to support the low cost housing initiatives of the Modi Government. The company has taken patent of the door frame design from the Patent office of Government of India.

These initiatives also support the present government’s philosophy of ‘Make In India’ by providing better products to replace timber which is scarce and largely imported. The company has also launched welding electrodes and zinc spray under its own brand, to support the fabricators using its steel products.

APL Apollo Tubes will continue to develop new products to compliment its wide basket of over 400 different pipes and sections. The company is targeting to spend over 0.5% of its turnover in R&D and new technologies.

Peers
Company Name CMP
JSW Steel 1251.20
Tata Steel 169.50
Steel Authority 161.20
Jindal Stainless 683.10
APL Apollo Tubes 2199.85
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