Elecon Gears Up for ₹83 Crore Deal with ArcelorMittal Nippon Steel

Elecon Engineering Company Ltd has recently clinched a substantial contract valued at ₹82.78 crore from ArcelorMittal Nippon Steel India Ltd. The agreement focuses on the production and delivery of belt conveyor mechanical equipment and technological structures, with an anticipated project duration of around 10 months.

This achievement is a testament to Elecon Engineering's strategic expansion initiatives, exemplified by the establishment of its wholly-owned subsidiary, Elecon Radicon Africa (Pty) Ltd, facilitated through its subsidiary Elecon Middle East FZCO, Dubai, in the previous year.

The collaboration with ArcelorMittal Nippon Steel not only highlights Elecon Engineering's prowess in the engineering and manufacturing domain but also aligns with its persistent commitment to growth and diversification. The company remains unwavering in its dedication to providing top-notch solutions and services, solidifying its standing in the industry.

News by Rahul Yelligetti