Srikalahasthi Pipes has received an approval for a CAPEX of Rs 125 crore towards setting up of Ferro Alloys Plant (Rs 55 crore) and developmental projects in Ductile Iron Pipe Plant viz. installation of 3rd Annealing Furnace, 1200 dia mm production facilities and balancing Infrastructure facilities (Rs 70 crore). The Board of directors the company at their meeting held on April 28, 2018, approved the same.
Srikalahasthi Pipes (Formerly Lanco Industries) is one of the leading manufacturers of Ductile Iron Pipes (DI Pipes) having the manufacturing facility in Rachagunneri village on Tirupati - Srikalahasthi Road, Srikalahasthi Mandal, Chittoor District Andhra Pradesh.
