Essar Steel to expand capacity
Steel

Essar Steel to expand capacity

Essar Steel plans to expand its current production capacity of 4.6 mn tonne to 10 mn tonne with an investment of $2.5 bn. The company also plans to expand its distribution network through Expressmarts and Expresspoints, which are owned by the company dealers.

Essar Hypermart targets to establish a total of 150 Hypermalls of its own and 500 in franchisee model. The company has been operating 85 Hypermalls and 300 franchised stores across India. It aims to achieve 1 mn tonne of sales through these channels by the end of this fiscal.

Contact: Essar Steel. Tel: 022- 2495 0606. Fax: 022-2492 8896. E-mail: steel@essar.com Website: www.essarsteel.com

Essar Steel plans to expand its current production capacity of 4.6 mn tonne to 10 mn tonne with an investment of $2.5 bn. The company also plans to expand its distribution network through Expressmarts and Expresspoints, which are owned by the company dealers. Essar Hypermart targets to establish a total of 150 Hypermalls of its own and 500 in franchisee model. The company has been operating 85 Hypermalls and 300 franchised stores across India. It aims to achieve 1 mn tonne of sales through these channels by the end of this fiscal. Contact: Essar Steel. Tel: 022- 2495 0606. Fax: 022-2492 8896. E-mail: steel@essar.com Website: www.essarsteel.com

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