New Launch23 Dec 2025, 11:54 am
Vardhman Special Steels to Invest ₹ 2475 Crore in Steel Forging Manufacturing Facility in Punjab
AI Summary
Vardhman Special Steels Limited, a leading producer of special steels and a pioneer in green steel manufacturing, has approved an investment of ₹ 2475 crore to set up a new steel forging and machining manufacturing facility in Ludhiana, Punjab. This expansion enables the Company to offer a comprehensive, one stop solution to automotive OEMs, spanning steel production through to forged components. The integrated operating structure will deliver higher quality consistency, improved supply reliability and closer customer alignment, supported by Japanese quality standards across the manufacturing value chain. The new facility is expected to deepen customer relationships and support long-term growth opportunities.
Key Highlights
- Investment of ₹ 2475 crore in a new steel forging and machining manufacturing facility in Ludhiana, Punjab
- Expansion into value added automotive components with technical know-how and expertise from Aichi Steel Corporation
- Strategic forward integration of Vardhman Special Steels’ existing steelmaking operations
- Offering a comprehensive, one stop solution to automotive OEMs
- Expected to deepen customer relationships and support long-term growth opportunities