Gallantt Ispat (GIL) has commenced the commercial production of the pellet plant in Uttar Pradesh from 05 July 2023.
The new facility is located at Gorakhpur lndustrial Development Authority (GIDA) in Sahjanwa, Gorakhpur district of the state.
GIL has invested approx. Rs 300 crore for setting up this plant, which has a capacity of 7,92,000 tpa.
Furthermore, the company funded the entire project through its internal accurals. The new plant based on backward integration, will reduce the raw material cost and enhance the company's growth.