Rama Steel Tubes Limited (RSTL) has initiated capacity expansion at its plant located at Khopoli, Maharashtra. RSTL is glad to announce that the company has initiated a strategic backward integration expansion to the tune of 40,000 MTPA; at its plant located atKhopoli, Maharashtra. The expansion is expected to be completed by the end of fourth quarter of fiscal year25, post which commercial production will commence.

RSTL is setting up cold rolling mill and steel sheet galvanizing facility to cater the in house requirement of raw material. The total Capex for this expansion will be INR 300 million and will be funded through internal accruals of the company.