Sri Raj Iron & Steel Products plans to set up MS Billets Unit Project in Telangana

Sri Raj Iron & Steel Products Private Limited intends to construct a new MS Billets Unit at Chandampet, Medak, Telangana. The project is still in its early phases, but it is expected to be completed shortly. The total cost of the project is 18 crores. The new MS Billets Unit Project will create MS Billets, which are long steel products used as raw materials in the production of a variety of finished steel products such as rebars, wires, and beams. It will have a capacity of 3,90,500 tonnes per annum. Sri Raj Iron & Steel Products Private Limited is a renowned MS Billet maker in India. 

The company operates a manufacturing factory in Telangana and offers a diverse range of MS Billets. Sri Raj Iron & Steel Products Private Limited will be able to increase its reach and capacity in Telangana thanks to the new MS Billets Unit Project in Chandampet. It would also assist the company in meeting the increasing demand for MS Billets in India and around the world.

 Here are some of the benefits of the project: It will help Sri Raj Iron & Steel Products Private Limited to expand its reach and capacity in the Telangana region. It will help the company to meet the growing demand for MS Billets in India and the world. It will create jobs and boost economic activity in the region. The expansion of Sri Raj Iron & Steel Products Private Limited's operations is a positive development for the Indian steel industry. It is a sign of the growing demand for MS Billets in India and the world.

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