Bansal Wire to Invest Rs 6B in Gujarat Steel and Wire Manufacturing Plant

17 Apr 2025 CW Team

Bansal Wire Industries Ltd (BWIL) has announced a new Rs 6 billion investment for a greenfield project in Gujarat. The plan includes setting up a 1.8 lakh-tonne induction-based steel plant and a 60,000-tonne facility for manufacturing low-carbon and stainless steel wires.

The company has acquired a 42-acre site in Sanand, near Tata Nagar, at a cost of Rs 800–900 million. The project is expected to be completed by September 2027.

This comes on the heels of BWIL’s recent Rs 5.5 billion expansion, which doubled its manufacturing capacity to 6 lakh tonnes across five units in Uttar Pradesh and Haryana. It also inaugurated its largest and most advanced facility in Dadri, with a capacity of 3.6 lakh MTPA.

The latest investment will support BWIL’s growth in high-demand sectors including automotive, agriculture, power & transmission, construction, and general engineering. The new plant will also adopt a range of sustainable practices such as solar power, rainwater harvesting, acid-free wire cleaning, energy-efficient systems, and an Effluent Treatment Plant (ETP).

CEO and MD Pranav Bansal said the move reinforces BWIL’s focus on technology-driven and sustainable manufacturing. Part of the Bansal Group founded in 1938, BWIL is currently India’s largest stainless steel wire manufacturer and the second-largest overall wire producer by volume.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..