Steel
MS Agarwal Foundries to Set Up New Steel Plant in AP
Local media reported that Hyderabad based MS Agarwal Foundries Pvt Ltd will set up a new steel plant at Mantralavam in Kurnool district of Andhra Pradesh
with an investment of INR 1200 crores and has entered with Mou with Andhra Pradesh. It will be ready by the H2 of 2021.
MSAF has three factories spread across Andhra Pradesh and Telangana. They have production capacity of 150,000 tonnes per annum and expected to reach 250,000 tonnes per annum by 2021.
