Hi-Tech Pipes Limited Commissions Greenfield Project at Its Sanand Unit II

#HiTechPipes #GreenfieldProject #Sanand

“These new facilities will further strengthen the leadership position of the company in the industry and reinforce the company’s commitment to provide top quality piping solutions. With the latest manufacturing technology and equipped with all kinds of quality testing equipment, the focus of the company will be on manufacturing of value-added products with proportions in excess of 50 percent.” - Ajay Kumar Bansal, Chairman & Managing Director, Hi-Tech Pipes Limited

February 2024 : Hi-Tech Pipes Limited (HTPL), a leading manufacturer and supplier in the piping industry has announced the commissioning and successful trial production of its Greenfield project at Sanand Unit II (Phase 1). It marked a significant milestone in the company's journey towards achieving a capacity of 1 million tonnes. This strategic expansion adds 170,000 tonnes at Sanand Unit II (Phase 1), Gujarat.

Besides adding 170,000 tonnes at Sanand Unit-Il, (Phase 1), Gujarat, the company has now embarked upon two new greenfield projects at Sikandrabad (U.P.) unit-Ill and Sanand Unit-II (Phase 2) adding 150,000 tonnes (by Q3FY25) and tonnes (by Q4FY25) respectively. This will catapult our total capacity to One million tonnes by end of FY25.

These units will further open up the opportunity for the company to tap domestic & worldwide markets including Middle East, Europe, USA and other western countries for Small Dia and Large Dia International Standards. Proximity of raw material suppliers viz. ArcelorMittal / Nippon Steel (AM/NS INDIA to ensure consistent delivery & service to its customers.

Commenting on this occasion, Ajay Kumar Bansal, Chairman & Managing Director, Hi-Tech Pipes Limited said, “These new facilities will further strengthen the leadership position of the company in the industry and reinforces the company’s commitment to provide top quality piping solutions. With the latest manufacturing technology and equipped with all kinds of quality testing equipment, the focus of the company will be on manufacturing of value-added products with proportion in excess of 50 percent.”

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