Vibhor Steel Tubes Limited doubles its GI manufacturing plant capacity at Balanagar in Telangana

•      The Haryana-headquartered company expands its GI manufacturing capacity from 24,000 MTPA to 48,000 MT at the existing facility’s premises at Balanagar in Mahbubnagar district of Telangana
•      The new unit will help the company in increasing the production of Crash Barriers which are widely used on medians, shoulders, verges, and high embankments
•      VSTL has invested Rs. 2 crore in the new manufacturing unit from its internal accruals
 
Hyderabad, July 17, 2024: Vibhor Steel Tubes Limited, a leading manufacturer of high-quality steel products in India, today inaugurated a new Galvanizing Iron (GI) manufacturing unit in Telangana. With the commissioning of this new facility, VSTL’s GI capacity in the state is set to double from 24,000 MTPA to 48,000 MTPA. The newly built manufacturing unit is spread over 1,296 Sq Mts with a capacity of 24,000 MTPA. The new manufacturing facility marks a significant milestone in the company’s ongoing expansion and commitment to quality and timely delivery.

The Haryana-headquartered company has invested Rs. 2 crore from its internal accruals for setting up the new plant. In February 2024, VSTL made a stellar debut on BSE, raising Rs. 72.17 crore from the IPO. 

Commenting on the company’s capacity expansion plans, Vibhor Kaushik, Managing Director, Vibhor Steel Tubes Limited, said, “The inauguration of the new plant is a testament to our unwavering commitment to excellence and customer satisfaction. The new facility is poised to play a pivotal role in our company’s long-term growth strategy. Besides strengthening the production and supply of Crash Barriers to our customers across the country, the new state-of-the-art facility will further reinforce our position as a leader in the steel tubes and pipes industry."

Located at Balanagar in the Mahbubnagar district of Telangana, the new manufacturing unit will produce the best-quality Crash Barriers, which are widely used on medians, shoulders, verges, and high embankments. VSTL’s zinc-coated crash barriers are safer than rigid barriers and have a long life with low maintenance costs.

VSTL operates two manufacturing units: the first is in Raigad, Maharashtra, through which 100% of export sales occur, and the second is in the Mahbubnagar district of Telangana. With a total capacity of 2,21,000 MTPA, the company supplies its products to western and southern markets in Maharashtra, Gujarat, Madhya Pradesh, Telangana, Karnataka and Tamil Nadu.