Manaksia Steels plans to add 2,50,000 TPA Cold Rolled Coils capacity at its Haldia, West Bengal unit via a 6-Hi Reversible Cold Rolling Mill.
Total capacity will increase from 1,20,000 TPA to 3,70,000 TPA, representing a ~208% expansion, targeted by Q4 FY2027-28.
The ~₹100 crore investment will be funded through a mix of debt and internal accruals to meet captive and export demand.