India-based KFIL has finalized plans to invest approximately US$52 million to increase its steel tube manufacturing capacity, supporting future growth and rising demand across infrastructure and industrial sectors.
The investment will be used to expand production capabilities, improve operational efficiency and strengthen the company’s position in India’s steel tube market.
- Total planned investment reaches approximately US$52 million
- The project aims to increase steel tube production capacity
- Expansion will support growing infrastructure and industrial demand
- The company plans to strengthen its manufacturing footprint in India
The capacity expansion is expected to help KFIL meet rising domestic demand while improving competitiveness in the steel tube segment.
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