Current Date: 29 Apr, 2025

Gallantt Ispat Gears Up for Self-Sufficiency with ₹125 Crore DRI Kiln

Gallantt Ispat Ltd., a prominent player in the steel manufacturing sector, has announced the launch of a new Direct Reduced Iron (DRI) Kiln project in Gorakhpur, Uttar Pradesh. Valued at ₹125 crores, this project aims to enhance the company's production capacity significantly. The DRI Kiln, with a planned output of 165,000 metric tonnes per annum (TPA), underscores Gallantt Ispat's strategic expansion efforts in northern India.

The project is expected to bolster local employment opportunities and contribute to Uttar Pradesh's industrial growth trajectory. Gallantt Ispat's decision to invest in Gorakhpur underscores its confidence in the region's economic potential and favorable business environment. The new facility is slated to incorporate state-of-the-art technology, emphasizing efficiency and environmental sustainability in its operations.

Gallantt Ispat Ltd. aims to leverage its expertise in steel production to meet rising demand in domestic and international markets. The DRI Kiln project represents a significant step towards enhancing India's self-reliance in steel production while aligning with national industrial development goals. As construction progresses, stakeholders anticipate positive economic ripple effects, including ancillary business opportunities and infrastructural development in Gorakhpur and surrounding areas.

This initiative is part of Gallantt Ispat's broader commitment to innovation and sustainable growth within the steel manufacturing sector, reinforcing its position as a key player in India's industrial landscape.

News by Rahul Yelligetti

Share

Source : Projxnews