Chandan Steel Expands Stainless Steel Might in Gujarat

Chandan Steel Ltd. has announced a significant expansion of its stainless steel billets production facility at Umbergaon, Gujarat. With an investment of ₹43 crores, the expansion will increase the plant's capacity to 180,000 tonnes per annum (TPA), strengthening its position in the stainless steel market.

The Umbergaon facility, known for its state-of-the-art production technology, is set to benefit from the increased capacity, enabling Chandan Steel to meet the growing demand for stainless steel billets both domestically and internationally. This expansion aligns with the company’s strategy to enhance production efficiency and output.

The increased production capacity will cater to a wide range of industries, including automotive, construction, and engineering, where stainless steel billets are essential for manufacturing high-quality components. The expansion is expected to boost the company’s revenue and market share in the competitive steel industry.

Chandan Steel Ltd.'s investment in the Umbergaon plant also highlights its commitment to innovation and sustainability. The facility will incorporate advanced technologies to minimize environmental impact while ensuring the highest quality standards in production.

With the expanded capacity set to come online in the coming months, Chandan Steel Ltd. is poised to play a more significant role in the global stainless steel market, reinforcing its reputation as a leading steel producer in India.

News by Rahul Yelligetti