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Vibhor Steel Tubes Set to Begin Commercial Production at Odisha Unit III


Updated: April 24, 2025 17:55

Image Source : The Financial Express
Vibhor Steel Tubes Ltd has confirmed that commercial production at its Unit III facility in Odisha is expected to commence by May 15, 2025. The plant, located in Sundargarh district, marks a significant expansion for the company, strengthening its presence in eastern India.  
 
Key Developments  
  • - The Unit III facility, spread across 23.98 acres, represents a total investment of 119.83 crore rupees, funded through a mix of debt and internal accruals.  
  • - The plant boasts an annual production capacity of 120,000 metric tons, focusing on value-added steel products such as crash barriers, high mast lighting poles, octagonal poles, and monopoles.  
  • - Trial production began earlier this year, with operations initially running on generators while awaiting electricity connection approvals.  
  • - The facility is expected to enhance Vibhor Steel Tubes’ market reach, catering to infrastructure and industrial demand across eastern India.  
  • - The company has reported strong financial performance, with a notable increase in net profit in the previous quarter, signaling robust growth prospects.  
Impact and Outlook  
Industry analysts view the Odisha expansion as a strategic move to strengthen Vibhor Steel Tubes’ manufacturing capabilities and market positioning. The commencement of commercial production is expected to drive revenue growth and operational efficiency in the coming fiscal year.  
 
Sources: Odisha Diary, Moneycontrol.

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