๐๏ธ Interarch pumps โน300 Cr into Nellore steel expansion
Interarch Building Solutions is investing โน300 crore in its manufacturing facilities in Athivaram Industrial Park, SPSR Nellore district. The company inaugurated a new heavy structural steel facility with an initial capacity of 25,000 MT per annum on Thursday. They plan to double this to 50,000 MT over two-and-a-half years and are also investing โน80 crore for export capabilities. This expansion aims to meet the growing need for high-performance steel in Andhra Pradesh's infrastructure projects. The new plant is expected to boost employment from 450 to 1,000 people once all phases are complete. ๐๏ธ