Electrosteel Castings Expands in Odisha: New Ductile Iron Pipe Plant

Electrosteel Castings Limited is embarking on a major expansion with a new ductile iron pipe project in Thenga Village, Dhenkanal, Odisha. The company has signed a term sheet to acquire approximately 525 acres of land from Saffron Resources Private Limited, marking a significant step in its growth strategy.

The new facility will have an impressive production capacity of 0.5 million tonnes per annum, positioning Electrosteel Castings to meet increasing demand for high-quality ductile iron pipes. This expansion aligns with the company's commitment to enhancing its manufacturing capabilities and broadening its market reach.

The acquisition of land in Odisha is a strategic move, leveraging the region’s advantageous location and infrastructure to support efficient production and distribution. This new plant will bolster Electrosteel Castings' ability to serve key markets across India and beyond.

The project is set to play a crucial role in the company’s long-term growth plans, reinforcing its position as a leading player in the ductile iron pipe industry. With the new facility, Electrosteel Castings aims to deliver superior products and contribute significantly to the infrastructure sector.

Electrosteel Castings' investment in this project reflects its dedication to expanding its production footprint and enhancing its service capabilities in the burgeoning market for ductile iron pipes.

News by Rahul Yelligetti