Sumangala Steel plans to expand to achieve Rs 15 billion revenue
Steel

Sumangala Steel plans to expand to achieve Rs 15 billion revenue

Sumangala Steel, headquartered in Chennai, is embarking on a multi-pronged expansion strategy, including a 50 crore investment in new units, in preparation for future growth. Starting with a modest capacity of 12,000 tonnes per annum in 1987, the company, a manufacturer of billets and TMT bars, now has a capacity of more than 200,000 tonne. The company had developed the capacity and capabilities to capitalise on the emerging steel demand, which was driven by infrastructure development and the housing sector. It expects its current capacity of 200,000 tonne at its Puducherry factory to meet the demand for the next two years. Currently, capacity utilisation is between 70 and 75 per cent.

Also read:
UMC plans to construct 100% cement-concrete roads in Thane
MMRDA unveils longest steel deck on Mumbai Trans Harbour Link

Sumangala Steel, headquartered in Chennai, is embarking on a multi-pronged expansion strategy, including a 50 crore investment in new units, in preparation for future growth. Starting with a modest capacity of 12,000 tonnes per annum in 1987, the company, a manufacturer of billets and TMT bars, now has a capacity of more than 200,000 tonne. The company had developed the capacity and capabilities to capitalise on the emerging steel demand, which was driven by infrastructure development and the housing sector. It expects its current capacity of 200,000 tonne at its Puducherry factory to meet the demand for the next two years. Currently, capacity utilisation is between 70 and 75 per cent. Also read: UMC plans to construct 100% cement-concrete roads in Thane MMRDA unveils longest steel deck on Mumbai Trans Harbour Link

Next Story
Infrastructure Urban

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Next Story
Infrastructure Energy

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Next Story
Equipment

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement