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Prakash Steelage plans to invest Rs 70 crore to set up industrial park in Gujarat: Report

23 Jan 2014 Evaluate

Prakash Steelage is reportedly is planning to invest Rs 70 crore to set up Krishna Industrial Park (KIP) in Umbergaon in Gujarat to meet the growing demands of upcoming SMEs (small and medium enterprises) in the state. The company will set up this new Industrial Park in association with Kargwal Group to provide infrastructure ready industrial plots for factories, warehouses, workshops and service stations.

This new industrial park will offer good connectivity to ports and highways and is targeted at small and medium enterprises such as textile industries, stainless steel, metal, packaging, plastic manufacturing, automobiles, food and agriculture, minerals and cold storages.

Prakash Steelage specializes in meeting specific requirements of customers and offers complete solution for stainless steel welded & seamless pipes and tubes.

Peers
Company Name CMP
JSW Steel 1274.05
Tata Steel 183.60
Steel Authority 176.60
Jindal Stainless 750.75
APL Apollo Tubes 2181.00
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