Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Interarch Building Solutions has announced plans to invest ₹100 crore in a new manufacturing unit in Andhra Pradesh to produce pre-engineered steel structures.
The facility, spread across 20 acres, will have an annual capacity of 25,000 metric tonnes and is scheduled to begin operations by Q2 FY27. The project will generate over 200 direct and indirect jobs, contributing to regional economic growth.
CEO Manish Garg stated that the unit will support faster construction of multi-storey steel buildings, offering sustainable and resilient solutions tailored to India’s infrastructure needs. The move aligns with Interarch’s strategy to expand its capacity and strengthen its leadership in high-rise steel building solutions.
Interarch, a pioneer in turnkey pre-engineered building (PEB) solutions, operates integrated facilities spanning design, engineering, manufacturing, and project management. This new investment underscores its commitment to innovation, sustainability, and industrial development in India.
Also Read : JSW Steel Plans Partial Exit from Bhushan Power After SC Relief Steelmakers urge tighter curbs on rising imports
Jindal Steel & Power reported a consolidated net profit of ₹1,928 crore for the third quarter of...
Large Corporate 31-Jan-2024
Microsoft mentioned that a Russian state-sponsored group hacked into its corporate systems on Januar...
USA 20-Jan-2024
The renewable energy sector in India is facing issues with budgeting and rising expenses due to the...
Renewables 10-Jun-2024
China's coal imports are expected to be little changed or decline in 2024 despite an expected increa...
China 11-Mar-2024
The European Union has struck a provisional deal to tighten steel import rules and give local produc...
Europe 14-Apr-2026
The European Steel Association (EUROFER) has officially filed a petition with the European Commissio...
India 12-Sep-2025