Current Date: 22 Nov, 2024

R S Infra Transmission plans to set up Rolling Mill Project in Rajasthan

R S Infra Transmission Limited is planning on constructing a new rolling mill in Vishwakarma, Jaipur, Rajasthan. However, I can provide you with fundamental information regarding the company and industry. R S Infra Transmission Limited is a Jaipur-based company that manufactures steel products, including hot rolled profiles and structural steel. Additionally, the company offers services for preheating, straightening, billet cutting, and rolling.

 The company intends to extend its operations with the construction of a new rolling mill in Vishwakarma, Jaipur, Rajasthan. The initiative is anticipated to be operational by 2025 and will generate more than 500 jobs. Cost of the project is 13 million.In addition, it will generate significant economic benefits for the region, such as increased tax revenue and investments in infrastructure and social development. The expansion of R S Infra Transmission Limited's operations is beneficial to the company and the Indian steel industry. 

The new rolling mill project will help meet the rising demand for steel products in India and the rest of the globe, while also stimulating the local economy. Here are some of the potential benefits of the R S Infra Transmission Limited Rolling Mill Project at Vishwakarma, Jaipur, Rajasthan: Increased employment opportunities Increased tax revenue Investment in infrastructure and social development Reduced import dependence on steel products Boost to the local economy Support for the steel industry

As of September 2023, The project is now in the stage of receiving approvals & has obtained all necessary government permissions work of the project is anticipated to occur in either 2023 or 2024.

News by Rahul Yeligetti

Source : Projxnews