JTL Subsidiary to Double HR Coil Capacity with ₹15 Cr Capex

JTL Industries Ltd announced that its subsidiary, JTL Engineering Limited, will invest approximately ₹15 Crores to expand its narrow-width HR coil manufacturing capacity. This expansion is set to double the capacity from 5,000 MT to 10,000 MT per month and is expected to be commissioned by Q4 FY27. The expansion will also increase the maximum coil width from 9 inches to 11 inches, enhancing the company's ability to meet diverse customer requirements and product specifications. The move aligns with JTL Engineering's focus on strengthening manufacturing capabilities and broadening its product offerings, utilizing sponge iron and steel scrap as key raw materials.