September 08, 2008

SRMB to set up a new manufacturing plant at Durgapur

BS recently reported that rebar manufacturer SRMB Udyog Limited is planning to set up a new manufacturing line at Durgapur with an investment of INR 50 crore.

The new plant would be a rolling unit for TMT bars with an installed capacity of 200,000 tonne per annum. Post the installation of its second unit in Durgapur, the installed capacity for TMT bars would go up to 350,000 tonne per annum.

Mr Ashish Beriwala director of SRMB said that “Our first plant in Durgapur was set up in 2006. The second plant will be set up in the same premises and will be operational in a few months.”

SRMB spent around INR 30 crore in setting up its first unit in Durgapur. It has a 150,000 tonne per annum TMT bars plant in Kolkata.