Stelco Rolls Forward: ₹25 Crore Expansion Boosts Rolled Product Capacity

Stelco Ltd. would invest ₹25 Crores in a Cold Rolling Mill Expansion Project in Rampura Phul, Ludhiana, Punjab, to enhance manufacturing capacity. This ambitious project aspires to enhance rolled product production by 6,000 TPA to meet increased demand in various industries. Stelco wants to expand output and provide high-quality rolled items with the expansion. 

Project goals include quantity and manufacturing efficiency. To boost capacity and efficiency, Stelco plans to integrate cutting-edge technology into production processes. It should reduce waste, minimize production costs, and improve product quality.

Stelco's manufacturing and market competitiveness will increase with expansion. With more capacity for sheets and coils, Stelco can better serve customers, satisfy market demands, and explore new markets. This crucial production line update strengthens Stelco's rolled product play. 

The Cold Rolling Mill Expansion Project may create Rampura Phul and neighboring jobs. The development should benefit the region's economy by creating jobs. Stelco's job creation and growth ambitions boost the local economy. 

Finally, this development could set industry norms if it makes new rolled products or uses revolutionary technologies for efficiency or quality. Stelco might become a top rolled goods maker by specialising and innovating.

News by Rahul Yelligetti