Vibhor Steel Begins Pipe Supply from New Odisha Plant

26 Aug 2025 CW Team

Commercial production at the 156,000 MTPA facility began in July 2025. The plant, built with an investment of Rs 1.19 billion over 30 months, manufactures a range of value-added steel products including crash barriers, power transmission line towers, high mast lighting poles, octagonal poles, and monopoles. With this new capacity, VSTL’s total production capacity has increased to 377,000 MTPA across three plants in Maharashtra, Telangana, and Odisha.

Vijay Kaushik, Chairman and Executive Director of Vibhor Steel Tubes, said: “The commencement of supply from the Sundargarh facility marks a key milestone in strengthening our production and distribution network. The state-of-the-art plant will help us serve customers more efficiently, boost margins through high-value products, and expand into newer markets with a stronger export focus.”

Vibhor Steel manufactures a wide range of steel products including ERW pipes, hot-dipped galvanised pipes, hollow section pipes, and primer-painted pipes. The company has a contract manufacturing agreement with Jindal Pipes, producing finished goods under the brand name Jindal Star, which contributes over 80 per cent of its turnover.

VSTL made its stock market debut in February 2024, raising Rs 721.7 million through its IPO. With the addition of the new plant, the company now serves key western and southern markets including Maharashtra, Gujarat, Madhya Pradesh, Telangana, Karnataka, and Tamil Nadu.

For the quarter ended 30 June 2025, VSTL reported a net profit of Rs 31.4 million on operating income of Rs 2.31 billion. For FY2024-25, it recorded operating income of Rs 9.96 billion compared with Rs 10.73 billion in the previous year, while standalone net profit stood at Rs 117.7 million, compared with Rs 177.2 million in FY2023-24. The company attributed its margin stability to a strategic shift towards value-added products and increased ERW tube volumes.

Vibhor Steel Tubes Ltd (VSTL), a Haryana-based producer of high-quality steel tubes and pipes, has commenced supply of Electric Resistance Welded (ERW) and Galvanised (GI) pipes from its new greenfield plant at Sundargarh in Odisha.Commercial production at the 156,000 MTPA facility began in July 2025. The plant, built with an investment of Rs 1.19 billion over 30 months, manufactures a range of value-added steel products including crash barriers, power transmission line towers, high mast lighting poles, octagonal poles, and monopoles. With this new capacity, VSTL’s total production capacity has increased to 377,000 MTPA across three plants in Maharashtra, Telangana, and Odisha.Vijay Kaushik, Chairman and Executive Director of Vibhor Steel Tubes, said: “The commencement of supply from the Sundargarh facility marks a key milestone in strengthening our production and distribution network. The state-of-the-art plant will help us serve customers more efficiently, boost margins through high-value products, and expand into newer markets with a stronger export focus.”Vibhor Steel manufactures a wide range of steel products including ERW pipes, hot-dipped galvanised pipes, hollow section pipes, and primer-painted pipes. The company has a contract manufacturing agreement with Jindal Pipes, producing finished goods under the brand name Jindal Star, which contributes over 80 per cent of its turnover.VSTL made its stock market debut in February 2024, raising Rs 721.7 million through its IPO. With the addition of the new plant, the company now serves key western and southern markets including Maharashtra, Gujarat, Madhya Pradesh, Telangana, Karnataka, and Tamil Nadu.For the quarter ended 30 June 2025, VSTL reported a net profit of Rs 31.4 million on operating income of Rs 2.31 billion. For FY2024-25, it recorded operating income of Rs 9.96 billion compared with Rs 10.73 billion in the previous year, while standalone net profit stood at Rs 117.7 million, compared with Rs 177.2 million in FY2023-24. The company attributed its margin stability to a strategic shift towards value-added products and increased ERW tube volumes.

Building Material

03 Dec 2025

Cement Makers Positive on H2 Demand Outlook

The leading cement producers have posted high single-digit volume growth and better sales realisation in the July–September quarter, setting a positive tone for the second half of FY26. Companies are upbeat on demand prospects, supported by a strong housing sector and continued government spending on major infrastructure projects. UltraTech, Ambuja Cement, Shree Cement, Dalmia Bharat and Nuvoco Vistas recorded revenue growth of up to 18 per cent in the September quarter. The rise was driven by firm realisations, softer input costs and an increased share of premium products. With coal price..

Infrastructure Urban

03 Dec 2025

Odisha Targets Role as MSME Hub for Eastern India

Odisha has set its sights on becoming the MSME gateway of eastern India, Chief Minister Mohan Charan Majhi said at the Odisha Industrial Conclave 2025, organised by Laghu Udyog Bharati (LUB). Calling the state a land of possibilities, he noted that Odisha has emerged as a leading destination for micro, small and medium enterprises.He said that reforms such as the Go-Swift single-window system now allow project approvals within a day. Odisha has also invested 6.1 per cent of its GDP in infrastructure development, which is expected to further accelerate industrial and MSME growth.Majhi emphasise..

Infrastructure Energy

03 Dec 2025

Coal Ministry Eases Process for Exploration and GR Approvals

The Ministry of Coal has introduced a simplified approval mechanism for exploration programmes and Geological Reports (GRs) for coal and lignite blocks. The reform aims to accelerate exploration activity, reduce procedural delays and strengthen India’s preparedness for rising energy demand.Under the revised process, reports prepared by Notified Accredited Prospecting Agencies (APAs) and peer-reviewed by another accredited agency no longer require approval from the committee set up in January 2022. This marks a major shift towards faster, more transparent and technology-driven exploration.By ..