Current Date: 22 Nov, 2024

Karnataka Industrial Area Forges Ahead: Durga Steel Invests 17 Crores in New Unit

Durga Steel Industries is undertaking a significant project to establish an Iron & Steel Components Unit in Sira Industrial Area, Tumkuru, Karnataka. With a project cost of 17 Crores (Indian Rupees) and a plot area of 2 acres, this venture represents a notable investment in the region's industrial landscape.

The project underscores Durga Steel Industries' commitment to expanding its operations and contributing to the iron and steel components sector's growth. By establishing this unit in the Sira Industrial Area, the company aims to leverage the area's infrastructure and strategic location for efficient production and distribution.

The Iron & Steel Components Unit project is poised to create employment opportunities in Sira, benefiting the local community and contributing to socioeconomic development. Additionally, the project aligns with government initiatives to promote industrial growth and investment in Karnataka.

While specific details regarding the scope of the project and the types of iron and steel components to be manufactured are not provided, further research or communication with Durga Steel Industries could offer insights into these aspects. Understanding the project's objectives and target market can provide valuable context for its significance and potential impact.

News by Rahul Yelligetti

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Source : Projxnews