Lighting products maker Surya Roshni plans to set up a steel plant in Karnataka and double the capacity in the sector from 25 lakh units to 50 lakh units each year.
"We are planning to set up a steel plant in Karnataka. It is in planning phase. Investment and tonnage capacity is being worked out," Executive Director Surya Roshni Utkarsh Dwivedi told reporters here today.
He said the company also intends to expand infrastructure in sectors like cement, power and PVC pipes in Gujarat, Madhya Pradesh, Chattisgarh and Uttarakhand.
He further said that a highmast street light would also be manufactured at Gwalior in Madhya Pradesh.
Recently, Surya Group has undertaken expansion of 550 crore mainly in steel pipes for water, oil and gas and also for lighting which is expected to generate employment for 6,000 more people, Dwivedi said.