Redson Engineers Private Limited plans to build a new Seamless Pipes Unit at Gudur, Nellore, Andhra Pradesh. This is a good thing for the state and the Indian seamless pipes sector. Oil and gas, construction, and power generation are all businesses that use seamless pipes. The need for seamless pipes is likely to rise in the future years as infrastructure development and the oil and gas industries expand.
The project's cost is 500 crores, and the capacity is 2 lakh Tpa for seamless pipes. The creation of a new seamless pipes plant in Andhra Pradesh will aid in meeting India's and the world's growing demand for seamless pipes. It will also benefit the local economy by creating jobs and money.
Here are some of the potential benefits of the Redson Engineers Private Limited Seamless Pipes Unit Project at Gudur, Nellore, Andhra Pradesh: Increased employment opportunities Increased tax revenue Investment in infrastructure and social development Reduced import dependence on seamless pipes Boost to the local economy Support for the seamless pipes industry
As of September 2023, The project is now in the stage of construction being started the work on the project will be finished in 2024, 2025 or 2026 It has been decided to hire a local contractor.
News by Rahul Yeligetti