AISRM Multimetals to set up new facility in Ludhiana
Metal and production firm AISRM Multimetals Private Limited has plans to develop a special steel facility in Ludhiana. The project will take an investment of Rs 1,003.57 crores, and 46 acres of land are allocated for it at Village Jaspallon on the Doraha-Khanna Road.
In Phase 1, the plant will try to achieve 5.40 lakh MTPA output of round bars, wire rods, coils, and flats from scrap and ferro alloys. Phase 1 is expected to commence by September 2027.
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