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Business Daily from THE HINDU group of publications Monday, February 11, 2008 |
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News Update as at 18.00 hrs (IST)
Corporate Welspun Gujarat Stahl Rohren to increase capacity MUMBAI: Welspun Gujarat Stahl Rohren on Monday said it is increasing its steel plate making capacity to 2 million tonnes per year from 1.5 million tonnes at present. "The capacity expansion is on and we want to reach to 2 million tonnes by 2009," Mr Vipul Mathur, VP (Plate and Coil Division) Welspun Gujarat Stahl Rohren said here today. The company is increasing its slab making capacity to 2 million tonnes. The company might think of getting into iron ore and steel making later on for which no time frame has been set. - PTI
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