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Indian Tube Manufacturer To Double Capacity at New Plant
10/12/2015 - India’s Rama Steel Tubes Ltd. has begun expanding its Khopoli plant in Maharashtra, a project that will double its capacity to make mild steel tube, the company has announced.
According to the company, the project will increase capacity from 36,000 metric tons annually to 72,000 metric tons.
Rama Steel Tubes is a leading manufacturer of pipe, tube, hollow structural sections and galvanized iron pipe in India. The Khopoli plant came on-line in June 2015, the latest addition to its two existing plants in Sahibabad, Uttar Pradesh, near Delhi.
"Adding the plant at Khopoli was a decision based on anticipated benefits for the growth and profitability of the company. Our exports already constitute 30 to 35 percent of our turnover, and markets around Mumbai and South India have tremendous demand for hollow sections and tubes," said Richi Bansal, Rama Steel Tubes executive director.
The company said the plant has low transportation costs, which benefits exports of its products and sales into India’s western and southern pipe markets.
The company said it expects that the combination of low transportation costs and increased output will lead to a return on investment of more than 30 percent.
Rama Steel Tubes is a leading manufacturer of pipe, tube, hollow structural sections and galvanized iron pipe in India. The Khopoli plant came on-line in June 2015, the latest addition to its two existing plants in Sahibabad, Uttar Pradesh, near Delhi.
"Adding the plant at Khopoli was a decision based on anticipated benefits for the growth and profitability of the company. Our exports already constitute 30 to 35 percent of our turnover, and markets around Mumbai and South India have tremendous demand for hollow sections and tubes," said Richi Bansal, Rama Steel Tubes executive director.
The company said the plant has low transportation costs, which benefits exports of its products and sales into India’s western and southern pipe markets.
The company said it expects that the combination of low transportation costs and increased output will lead to a return on investment of more than 30 percent.
