Jindal Steel to launch 2.25 mt steel plant in Andhra Pradesh

30 Jun 2021 CW Team

Jindal steel, one of India''s steel majors, will set up a 2.25 million-tonne capacity integrated steel plant in Sri Potti Sriramulu (SPS) Nellore district of Andhra Pradesh.

The State Investment Promotion Board (SIPB), which met here under Chief Minister YS Jagan Mohan Reddy's chairmanship on Tuesday, cleared Jindal Steel Andhra Ltd's proposal to set up the integrated steel plant with an investment of Rs 7,500 crore.

Reddy told the media that the SIPB agreed to allot 860 acres of land at Thamminapatnam in SPS Nellore district for the Jindal plant.

A furniture maker Nilkamal Ltd proposal for setting up a major manufacturing industry at Kopparthi in Kadapa district was also cleared by SIPB with an investment of Rs 486 crore.

Telangana-based Pitti Rail and Engineering Components Ltd has also come forward to set up its plant to manufacture components for electrical and locomotive industries at Kopparthi with an investment of Rs 401 crore.

Greentech Industries Ltd, an automobile products manufacturer, will expand its Naidupeta facility in the SPS Nellore district by investing Rs 627 crore, said Reddy.

In Amaravati, the SIPB approved another proposal for developing a retail business park for textiles and garments on a five-acre site at Tadepalli with an investment of Rs 194.16 crore.

Image Source

Also read: Andhra Pradesh clears investment proposals worth Rs 16k cr

Also read: India’s fastest growing steel companies in 2020: CW Survey

Infrastructure Urban

07 Jul 2026

Metso Wins ASSOCHAM Award for Mining Equipment

Metso India has received the ASSOCHAM Business Excellence Award 2026 in the category of Excellence in Mining Equipment Manufacturing, with a special focus on sustainability. The recognition highlights the company’s contribution to supporting the mining industry’s demand for higher productivity while meeting environmental requirements.The award recognised Metso’s Metso Plus offerings, which are designed to improve efficiency and sustainability across mining and mineral processing operations. A key focus of the recognition was the company’s advanced grinding solutions, including Vertimil..

Marathon Enters Versova Redevelopment Market

Marathon Nextgen Realty has announced its entry into society redevelopment through a premium residential project in Versova, Mumbai. Its subsidiary, Sunset Spaces, has executed a development agreement for the redevelopment of an existing residential society.The project is spread across approximately 1.5 acres and has an estimated gross development value of over Rs 450 crore, subject to approvals, final plans, applicable regulations and market conditions. The project marks a strategic step for Marathon as it expands its presence across select Mumbai micro-markets.The redevelopment is being plan..

Maersk Unveils First India-Made Shipping Container

A.P. Moller – Maersk has unveiled its first export-import shipping container manufactured in India, marking a major milestone for the country’s maritime manufacturing sector. The container was launched at the Maersk and Container Corporation of India joint-venture Inland Container Depot at Dadri, Uttar Pradesh, in the presence of Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal.The development makes Maersk the first international shipping line to procure an EXIM container manufactured in India. Following the unveiling, Maersk placed an order with DCM Shriram Group for 1,..