Steel Giant Takes a Leap: Pushpit Steels Announces 650 Crore Expand in Andhra Pradesh

Pushpit Steels Private Limited is embarking on a significant expansion project at Merlapaka, Chittoor, Andhra Pradesh, signaling a major leap forward in the steel industry. With a massive investment of 650 Crores, the company aims to bolster its production capacity to 3.14 lakh tonnes per annum (tpa) of sponge iron. This ambitious endeavor underscores Pushpit Steels' commitment to meeting the growing demand for steel products in the market.

The expansion project primarily focuses on increasing the production of sponge iron, a crucial raw material in steel manufacturing. By leveraging advanced technology and efficient processes, Pushpit Steels aims to enhance its competitiveness and market presence in the industry. The expansion aligns with the company's vision of becoming a leading player in the steel sector, catering to diverse industrial needs.

Moreover, the project includes the installation of induction furnaces to support the production of 2.64 lakh tonnes per annum (tpa) of steel. These furnaces, known for their energy efficiency and precision, will enable Pushpit Steels to produce high-quality steel products while minimizing environmental impact. This dual-focus on productivity and sustainability reflects the company's commitment to responsible business practices.

News by Rahul Yelligetti