Usha Martin, the Kolkata based speciality steel and wire rope manufacturer,
has chalked out a plan to ramp up its capacity to one million tonne over the
next couple of years.
At present, Usha Martin has a capacity of 700,000 tonne. The company had
earmarked Rs 2,100 crore for ramping up its capacities, out of which it had
already spent Rs 1,683 crore until 31 March 2009.
The company's expansion plans are on track and it hopes to touch 900,000
tonne production capacity by the end of the current fiscal. Furthermore, Usha's
sinter plant and blast furnace are likely to be commissioned by December
2009-January 2010. At present, Usha Martin has manufacturing facilities at
Ranchi, Jamshedpur, Hoshiarpur, the UK, Thailand, the UAE and the US.