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Vardhman Special Steels gets Environmental Clearance for capacity expansion at Ludhiana plant

24 Jun 2021 Evaluate

Vardhman Special Steels (VSSL) has been granted the long-awaited Environmental Clearance for expansion of capacity at its existing plant in Ludhiana, upto 2,80,000 tons per annum of rolled production. The company applied for the said approval in CY 2019 and since then has been making continuous and untiring efforts and pitching its case before the concerned authorities for the grant of environment clearance.

The company has all the mechanisms in place that will take proper care of the concerns related to environment. Its commitment towards creating a sustainable environment is among the top priority. With this approval the path for enhancement of capacity is cleared. To begin with, the current rolling capacity of 200,000 tons per annum would be increased to 250,000 tons. This would also enable the company to fill up the enhanced capacities with the requirements of Aichi, partners of VSSL. Once this happens the Management is confident of achieving higher profitability. 

Vardhman Special Steels caters to diverse requirements of hot-rolled bars (steel bars and bright bars) for Engineering, Automotive, Tractor, Bearing and Allied Industries.

Vardhman Special Share Price

257.60 -0.10 (-0.04%)
17-Apr-2026 16:59 View Price Chart
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