SLR Metaliks Fuels In 70 Crores To Boost Manufacturing Capacity
SLR Metaliks has informed that it has invested around Rs 60 to 70 crores in boosting its manufacturing capacity during the lockdown period. Through the investment, the firm has witnessed a 33% boost in production capacity. The firm has now got 4 lakh tonnes of production capacity after the boost up. The alloy steel producer is expecting a 25% rise in revenue as the result of this rise in production capacity.  Â
With the expansion in capacity, SLR Metaliks is also in talks with the DRDO (Defence Research and Development Organisation) to provide the supplies for their defense production needs.