JTL Industries Ltd has increased its annual manufacturing capacity at the Raipur facility to 2 lakh tonnes, part of a Rs 350-crore expansion plan, raising total capacity to 6.86 lakh tonnes per annum. The company aims to further expand to 10 lakh tonnes per annum by FY 2026-27. View More

Steel pipes maker JTL Industries Ltd on Wednesday announced increasing its annual manufacturing capacity to 2 lakh tonnes as part of its around Rs 350-crore expansion plan . With this addition, its cumulative pipe manufacturing capacity has reached a level of 6.86 lakh tonne per annum, the company said in an exchange filing. In a filing on Wednesday, JTL Industries said, "It announces successful expansion of its Raipur facility 's capacity from 1,00,000 metric tonnes per annum (MTPA) (1 lakh tonne) to 200,000 MTPA". The company is aiming to complete its expansion plan of 4 lakh tonnes by the financial year 2026-27, taking its overall capacity to 10 lakh tonnes per annum, a company official had told PTI earlier. JTL Industries is a leading producer of electric resistance welded steel pipes in India. Besides Raipur, it owns manufacturing facilities in Malegaon in Maharashtra , and Mandi and Derahbasi in Punjab. Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)