Rajratan Global Wire has received an approval to increase installed plant capacity from existing 40000 MT per year to 72000 MT per year. The Board of Directors of the company at their meeting held on May 10, 2018, approved the same.
The said expansion is expected to be completed by the end of 2018-19 and said expanded facilities are expected to commence partial commercial production by Q2 of 2018-19.
Rajratan Global Wire is one of the leading manufacturers of high carbon steel wire in India – specializing in automotive tyre bead wire, high quality spring & rope wires are other speciality products of the company.