APL Apollo Tubes’ wholly owned subsidiary -- APL Apollo Building Products has been granted Incentives of Rs 500 crore by State Investment Promotion Board (SIPB), Government of Chhattisgarh under the heads of Relaxation of Stamp duty; 75% Net SGST for 15 years; Electricity duty exemption for a period of 15 years Limited and; Transport subsidy towards exports for 15 years. The said mentioned incentives are granted for establishment of manufacturing facility by APL Apollo Building Products at Rigni Village, Tahsil - Simga, Baloda Bazar District in Chhattisgarh State.
APL Apollo Tubes is a leading manufacturer and exporter of Steel Pipes & Tubes, Aluminised Steel Tubes, Black Steel Tubes, Hot Dipped & Pre Galvanised Steel Tubes, Fence Tubes and Structural Steel.