Surya Roshni, exporter galvanised iron (GI) pipes and the flagship company of Rs 2,000-crore Surya group, will begin commercial production of GI pipes form its Shimoga plant in a year. The company has begun construction and has already ordered for machinery.
The project, which would have a capacity of 1 million tonne, is being taken up at an estimated cost of Rs 100 crore. It would cater to the Tamil Nadu, Karnataka and Andhra Pradesh markets.
Apart from setting up a unit at Shimoga, the Surya group is adding two more units at its Bahadurgarh factory in Haryana to augment the GI pipe production capacity to meet increasing global demand.
It now has plants at Gwalior in Madhya Pradesh and Bhuj in Gujarat producing over three lakh tonne per annum, according to Surya Roshini Limited chairman and managing director JP Agarwal.
He was here on Wednesday to announce a consumer awareness programme.
He said spurious pipes made up for 30 per cent of the total steel pipe market, which was estimated to be around Rs 10,000 crore per annum.
