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MS Agarwal Foundries is setting up a ₹1,200 crore backward integration project for sponge iron and a steel rolling mill at Madhavaram, Mantralayam, Andhra Pradesh. The project will double the company's manufacturing capacity to 0.55 million tonnes per annum and is expected to be commissioned by March 2022.
| Site | Largest | Latest |
|---|---|---|
| Madhavaram, India | $162.0M | 2020-11-13 |