14,050.83 TRY BIST 100 BIST 100
43.86 USD USD USD
6.41 CNY CNY CNY
51.68 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
36.21 TRY Interest Interest
71.18 USD Fossil Oil Fossil Oil
6.02 USD Copper Copper
128.38 USD Silver Silver
95.66 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,330.54 TRY Gold (gr) Gold (gr)
96.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Tube Investments of India to set up a greenfield precision steel tube plant

Tube Investments of India Ltd, an engineering company of the Murugappa Group, is preparing to set up a state-of-the-art precision steel tube manufacturing plant in western India.

Tube Investments of India to set up a greenfield precision steel tube plant

A total investment of Rs 211 billion ($2.5 billion) has been allocated to this ambitious project. The company has confirmed that it will finance this initiative primarily through internal accruals.

In an official statement issued on Tuesday, the company's board of directors gave the green light to the setting up of this greenfield precision steel tube manufacturing unit. The project is expected to be completed in the 2024-25 fiscal year, demonstrating the company's commitment to expanding its production capabilities and contributing to the region's growth.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Çemtaş announced a net loss of TL 115 million in 2025

Tuesday, February 24, 2026

Vişne Madencilik becomes a Bronze Sponsor at Steel Summit 2026

Tuesday, February 24, 2026

IEEFA: South Australia misses global green steel opportunity with gas agreement

Tuesday, February 24, 2026

EU car sales fell by 3.9 percent in January

Tuesday, February 24, 2026

Türkiye's mining sector plans to establish a mining exchange

Tuesday, February 24, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now