New Launch13 Nov 2025, 03:18 pm
Hi-Tech Pipes Ltd. Lays Foundation for Greenfield Manufacturing Project in Andhra Pradesh, Aiming for 2 Million Tonnes Capacity
AI Summary
Hi-Tech Pipes Ltd., a leading manufacturer of steel pipes, tubes, and value-added products, has laid the foundation stone for its Greenfield Manufacturing Project at Hindupur, Andhra Pradesh. This project marks a significant step towards the company's target of achieving a 2 Million Tonnes Per Annum (MTPA) capacity. The new facility, with an installed capacity of 1,50,000 tonnes per annum, represents a total investment of approximately Rs.100 crore. The project is expected to be completed by Q2 FY28 and will significantly bolster Hi-Tech Pipes' capacity, scale, and product diversification.
Key Highlights
- Hi-Tech Pipes Ltd. has laid the foundation stone for its Greenfield Manufacturing Project at Hindupur, Andhra Pradesh.
- The new facility will primarily focus on manufacturing value-added coated steel products.
- The project represents a total investment of approximately Rs.100 crore and will have an installed capacity of 1,50,000 tonnes per annum.
- The project is strategically located in the industrial hub of Hindupur, Andhra Pradesh, and is expected to be completed by Q2 FY28.
- This expansion is a part of Hi-Tech Pipes' broader capacity augmentation roadmap.