Salasar Techno Engineering is all set to invest Rs 100 crore to expand its business. The company is eyeing to invest Rs 50 crore to set up a fabrication unit at Bhilai in Chhattisgarh, while another Rs 50 crore is to be utilized in putting up a galvanizing plant.
The fabrication unit at Bhilai to come upon more than 13 acres of land, will manufacture heavy steel structures for steel plants, refineries, cement plants, and various other industries. The plant is expected to be operational by September 2022.
The proposed galvanizing plant will be the world's largest and cater to power transmission line monopoles. Around 12-15 acres of land will be acquired for the plant which is likely to be commissioned by mid-November 2022.
Salasar Techno Engineering is leading provider of customized steel fabrication and infrastructure solution in India.
