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Hariom Pipe Industries inks MoU with Government of Maharashtra

19 Sep 2025 Evaluate

Hariom Pipe Industries (HPIL) has signed a Memorandum of Understanding (MOU) with the Government of Maharashtra on September 19, 2025 for setting up an Integrated Steel Plant in Gadchiroli, Maharashtra. As per the agreement, HPIL proposed to invest upto Rs 3,135 crore. 

In this regard, Government of Maharashtra will facilitate HPIL in providing fiscal incentives and obtaining necessary permissions, registrations, approvals, clearances, and from concerned departments, as per existing policies, rules, and regulations.

Hariom Pipe Industries is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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