Surya Roshni's AP steel unit to begin production from tomorrow

Image
Press Trust of India New Delhi
Last Updated : Feb 28 2017 | 8:49 PM IST
Surya Roshni today announced to start commercial production of steel products at its new facility at Ananthapuramu in Andhra Pradesh from tomorrow.
"Commercial production at the company's newly set up steel pipe plant at Hindupur district Ananthapuramu (AP) for manufacturing of ERW Black and GI Pipes with an installed capacity of 90,000 tonnes per annum" will commence from tomorrow, the company said in a BSE filing today.
With the start of operations at the plant, the company will achieve savings in logistic cost and further leveraging its presence in the premium market of South India, it said.
Surya Roshni is a manufacturing company with business interests in steel tubes and pipes, lighting, fans and appliances, and polyvinyl chloride (PVC) pipes.
The shares of the company closed at Rs 185.25 apiece on the BSE, down 0.99 per cent from the previous close.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 28 2017 | 8:49 PM IST

Next Story