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Tata Metaliks to shift focus to ductile iron pipes biz

The firm currently operates two business segments- foundry pig iron and DI pipes

Tata Metaliks
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(Photo courtesy: LinkedIn/Tata Metaliks)

Ishita Ayan Dutt Kolkata
Tata Metaliks will eventually become a full-fledged ductile iron (DI) pipe company, said chairman, Koushik Chatterjee, at the company's annual general meeting.

Tata Metaliks now operates two integral business segments, foundry pig iron and DI pipes, post amalgamation of Tata Metaliks DI Pipes Limited. The DI capacity is around 2,00,000 tonnes per annum, while the blast furnace capacity is of 0.5 million tonnes.

The company's annual report mentioned that while pig iron growth was in line with steel production, ductile iron pipe production showed a growth of 11-12 per cent. The growth was largely driven by the government's focus on