Rama Steel Tubes Ltd announced that it has initiated capacity expansion to the tune of about 30,000 tonnes at its plant located at Khopoli in Maharashtra. The expansion is expected to be completed by the end of Quarter 4 of FY22, post which commercial production will commence. The total Capex for this expansion will be about INR 10 crore and will be funded through internal accruals of the companyThis additional capacity is mainly aimed at expanding current product portfolio to include special grade structural steel and high thickness tubes to cater to the infra, automobile and solar sectors.
Rama Steel Tubes Ltd announced that it has initiated capacity expansion to the tune of about 30,000 tonnes at its plant located at Khopoli in Maharashtra. The expansion is expected to be completed by the end of Quarter 4 of FY22, post which commercial production will commence. The total Capex for this expansion will be about INR 10 crore and will be funded through internal accruals of the companyThis additional capacity is mainly aimed at expanding current product portfolio to include special grade structural steel and high thickness tubes to cater to the infra, automobile and solar sectors.
