Setting up of a new Greenfield Steel Plant in Punjab with a capex of Rs. 2500 crore including Solar Plant, Says Cabinet Minister Sanjeev Arora
Chandigarh, 28 August 2025:
Aiming to make Punjab as a major industrial hub and paying the way for providing ease of doing business, Punjab Cabinet Minister Sh. Sanjeev Arora today informed that Vardhman Special Steels Limited (VSSL) in joint venture with Aichi Steel Corporation (ASC), Japan is setting up a new Greenfield Special & Alloy Steel Plant in Ludhiana district, Punjab. This project reflects our commitment to establish a sustainable, technologically advanced and globally competitive steel manufacturing facility in the state.
Speaking to the media about this project, Sanjeev Arora said that total investment for this project is ₹2500 crores. In this context, installed capacity of 5 Lakh Tonnes Per Annum (TPA) of Alloy & Special Steel is a Plant Capacity &am...