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.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Equipment

10 Mar 2026

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Equipment

10 Mar 2026

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..