Vardhman Special Steels Limited (VSSL) has announced an estimated 2,500 INR-Crore investment to establish a state-of-the-art steel plant in Ludhiana. The company will set up this project in collaboration with Japan’s Aichi Steel Corporation. The proposed greenfield facility will focus on producing alloy and special steels for domestic and global automotive markets.
The Vardhman plant in Ludhiana will have an installed capacity of 5 Lakh Tonnes per Annum. Furthermore, it will adopt the Electric Arc Furnace (EAF) route to ensure energy efficiency and reduced carbon emissions. A dedicated 500 INR-Crore solar power plant will also be developed to meet the facility’s energy needs. This will further reinforce the company’s commitment to sustainability and clean steel production.
Also Read: Skoda Auto Volkswagen Automobiles Manufacturing Plant Expansion, Chakan, Maharashtra
The Vardhman Ludhiana project is expected to generate over 1,500 direct jobs and create significant indirect employment across MSMEs, logistics, and service sectors. Meanwhile, the facility will be built on the “Toyota Way” layout, emphasizing operational excellence, safety, and global manufacturing standards.
Biltrax Construction Data is tracking 36,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
