# Greentech Industries to expand steel and iron products plant in Naidupet, India

Greentech Industries received approval to invest Rs 627 crore for expansion of its plant in Naidupet, which supplies steel and iron products to automotive companies, adding 2,200 direct jobs.

- Type: Expansion
- Announced: 2021-06-30
- Where: Naidupet, India
- Value: $84.0M (6.27B INR)
- Jobs: 2,200
- Status: announced
- Products: steel and iron products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Greentech Industries](https://endata.com/companies/56143.md)

## Sources

- [newindianexpress.com](https://www.newindianexpress.com/states/andhra-pradesh/2021/Jun/30/sipb-stamp-for-rs-75k-cr-jindal-steel-plant-in-nellore-2323352.html), 2021-06-30: "Greentech, which had already invested Rs 750 crore, will invest Rs 627 crore more for the unit expansion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.