RSTL launches 40,000 MT backward integration project

07 Dec 2023 CW Team

Rama Steel Tubes (RSTL) announced the initiation of an expansion project of 40,000 metric tonnes at its plant in Khopoli, Maharashtra. The expansion is in addition to the company's current installed capacity of 2,64,000 Metric Tonne Per Annum (MTPA).

In a statement, it was mentioned by Rama Steel Tubes that the company had begun a strategic backward integration expansion of 40,000 MTPA at its Khopoli plant in Maharashtra.

According to the statement, the project is planned to be completed by the end of FY25, with an investment of Rs 300 million, which will be financed through internal accruals.

Richi Bansal, Whole Time Director & Chief Executive Officer of Rama Steel Tubes, stated, "They are establishing a cold rolling mill and galvanising steel sheet facility to meet the in-house raw material requirements. This is aimed at addressing the high demand for our specialised steel solutions, which find applications in the country's growing infrastructure and automobile sector."

Rama Steel Tubes, a prominent manufacturer of steel pipes and tubes, as well as G.I. (galvanised iron) pipes in the country, shared this information.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..