Current Date: 23 Feb, 2025

Sharu Industries Forges Ahead Steel Plant Project Set for Punjab

Sharu Industries Private Limited is pleased to announce the upcoming Steel Plant Project at Nichi Mangali, Ludhiana, Punjab. This expansion project will see the construction of a new steel plant with a capacity of 76,800 tonnes. The project is expected to cost 29 crores and will create new jobs and opportunities for the local community.

The new steel plant will be equipped with the latest technology and will be able to produce a wide range of steel products, including bars, rods, coils, and sheets. The plant will also have a captive power plant to ensure a reliable supply of electricity.

The Steel Plant Project is a major investment in the future of Ludhiana and Punjab. It will help to boost the local economy and create new opportunities for businesses and individuals. Sharu Industries Private Limited is committed to sustainable development and will ensure that the project is environmentally friendly.

As on December 2023, The project is now in the stage of receiving approvals. The project has received all necessary clearances. By the end of the year 2023, development on the project will have begun. 

News by Rahul Yelligetti

Source : Projxnews