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Interarch Building Solutions Limited inaugurated a new heavy structural steel manufacturing facility in Athivaram Industrial Park, Nellore district, with an initial capacity of 25,000 MT per annum. The company plans to invest ₹300 crore over two years to expand capacity to 50,000 MT per annum and add capabilities for a joint venture with a Canadian company.
“We will be investing around ₹220 crore in this facility to double its capacity to 50,000 MT per annum over the next two-and-a-half years.”thehindu.com
Summarized from public sources; check the original articles before acting on it.