Current Date: 16 Jun, 2025

Hanumant Alloys Forging a New Era of Steel Excellence in Chhattisgarh

In Khainda, Raipur, Chhattisgarh, Hanumant Alloys India Private Limited will build a new sponge iron factory that would advance the steel industry. This 11-crore project intends to build a factory that can produce 300 KTPA (kilo tonnes per year) of sponge iron, a vital steel raw material.

This initiative invests heavily in Khainda, Raipur, Chhattisgarh's industrial environment. The project's 300 KTPA sponge iron production capability shows its potential to boost the nation's sponge iron supply chain and fulfill steel industry demand.

This effort aims to boost steel production and the local economy. The initiative is expected to create jobs in the area, boosting economic development and supporting local lives.

Additionally, the initiative is planned to boost local infrastructure. The building of this sponge iron facility in Khainda is projected to improve roads and transportation linkages, boosting regional growth.

Hanumant Alloys India Private Limited would use cutting-edge technologies in the new operation to produce efficiently and sustainably. This strategic emphasis on sophisticated technology shows the company's dedication to sustainability and manufacturing efficiency.

As on December 2023, The project is now in the stage of receiving approvals. The project has received all necessary clearances. 

News by Rahul Yelligetti

Source : Projxnews