Current Date: 21 Nov, 2024

Odisha to Witness Steel Boom as Alenn Steel Announces ₹178 Crore Project

Alenn Steel Industries Private Limited is poised to expand its manufacturing prowess with a new Cold Rolled Precision Pipes Project located in Kalinganagar, Jajpur, Odisha. With an investment of ₹178 crores, this initiative is set to bolster the production capabilities of the company in the steel sector.

The project involves the construction of a state-of-the-art facility dedicated to manufacturing high-quality cold rolled precision pipes. These pipes are crucial for a variety of applications in sectors such as automotive, construction, and engineering, where precision and reliability are paramount.

Located in the industrial hub of Kalinganagar, the facility benefits from robust infrastructure and connectivity. This strategic positioning allows for efficient raw material supply and distribution channels, which are vital for timely production and delivery. The region's developed industrial ecosystem also provides access to skilled labor and technical expertise.

Alenn Steel Industries' commitment to this project reflects their dedication to adopting advanced technologies and processes. The new facility will feature the latest in manufacturing technology, ensuring that production is not only efficient but also meets international standards of quality and safety.

Upon completion, the Cold Rolled Precision Pipes Project is expected to significantly enhance Alenn Steel Industries' production capacity and market reach. It will also contribute to the economic growth of Jajpur by creating job opportunities and fostering skill development in the community, thus supporting Odisha's broader industrial development strategy.

News by Rahul Yelligetti

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Source : Projxnews