Devbhoomi Casting Gears Up Steel Plant Expansion Forges Ahead in Punjab

Devbhoomi Casting Private Limited is set to make significant strides in the steel industry with its Steel Plant Expansion Project in Kumbra, Sahibzada Ajit Singh Nagar, Punjab. This Rs. 24.97 crore venture is designed to elevate the company's production capacity, playing a crucial role in the growth of the steel sector in India.

The project, located in Kumbra, Punjab, focuses on installing cutting-edge steel melting and casting equipment, implementing advanced manufacturing processes, and ensuring stringent quality control measures to meet international standards. With an emphasis on energy-efficient technologies and resource optimization, the expansion project is expected to create new employment opportunities in the region.

The target audience for this expansion includes construction companies, infrastructure developers, automobile and engineering industries, as well as manufacturers of household appliances and other steel-intensive products. By contributing to increased steel production in India and fostering growth in associated industries, the project aims to reduce dependence on imports, generate employment, and boost the local economy. Devbhoomi Casting Private Limited anticipates improved product availability and wider market reach, enhancing both its market presence and revenue generation.

As on January, 2024. Project is at approvals received stage. Project got all the clearances. Project work will be start by March, 2024.

News by Rahul Yelligetti