Interarch plans ₹300 crore expansion of heavy steel plant in Nellore
Interarch Building Solutions plans to invest ₹300 crore to expand its heavy structural steel manufacturing operations in Nellore, according to The Hindu. The Noida-based company has opened a facility on 20 acres at Athivaram Industrial Park near Naidupeta, though the source gives no timeline for the investment.
Interarch Building Solutions plans to invest ₹300 crore in expanding a heavy structural steel plant in Nellore, The Hindu reported. The Noida-based pre-engineered steel construction company has opened a new heavy structural steel manufacturing facility on 20 acres at Athivaram Industrial Park near Naidupeta. The reported investment is intended for expansion of the company’s heavy steel operations.
The available material does not say when the investment will be made or specify the plant’s planned production capacity. It also provides no information about the number of jobs expected to be created, the project’s construction schedule or the company’s other operations. The facility and proposed ₹300 crore investment are the details supplied by the source.
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