Gallantt Ispat's Steel Dreams: How Expansion Plans Will Shape the Future

Gallantt Ispat Ltd will consider a major expansion of its production facilities in Gorakhpur, Uttar Pradesh, as part of its growth strategy. The Board of Directors of the company will meet on April 9, 2025, to deliberate and approve the expansion that will augment production capacity in line with growing demand for steel products in the construction and infrastructure industries.

 

Gallantt Ispat now has integrated steel units at both Gorakhpur and Kutch, Gujarat, which manufacture sponge iron, mild steel billets, and re-rolled products. Gallantt Ispat has received large amounts of reimbursement under state industrial policies, with recent awards being ₹80.45 crore by the governments of Gujarat and Uttar Pradesh, to support its expansion efforts.

 

Important Points:

Source: Business Upturn, CNBC-TV18, Gallantt Ispat Official Website.