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Surya Roshni gets nod to set up new Steel pipe plant at Andhra Pradesh

18 Jan 2023 Evaluate

Surya Roshni has received an approval for setting up of new Steel pipe plant for manufacturing of GP and CR coil / pipe at Hindupxur, Andhra Pradesh. The rationale behind setting-up of the new plant is to go for the backward integration of GP and CR Coil /Pipe, to ensure timely availability of GP coil/ CR coil at lower cost through in-house production, which enable the company to increase its production of GP Pipes and to cater the increasing demand of its products viz. ERW Steel Pipes Black, Galvanised & Pre-Galvanised GP Pipe in Southern India market.

With the setting-up of the new plant, the share of high value added pipes shall further increase resulting into creation of a much larger and stronger steel pipes business with economies of scale. The Board of Directors of the Company at its meeting held on January 18, 2023, inter-alia, has considered and approved the same.

Surya Roshni is into the business of manufacturing electric resistance welded (ERW) steel pipes & lighting products, with facilities at Bahadurgarh (Haryana), Kashipur (Uttarakhand) and Malanpur (Madhya Pradesh).

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