Kamdhenu Limited, one of the leading brands in Indian rebar market has nearly doubled its capacity at Bhiwadi (Rajasthan), northern India.
As per the notification, machineries & equipment’s are lined up for increasing capacity from 72,000 MT to 156,000 MT per annum.
All the commissioning part has completed and production level will be achieved as per alleviate of entire machinery and software.
With the vision of Housing for All schemes, company expects the demand of TMT bars to grow multifold with existing opportunities.
Company has future plans to double the production capacity around 5 MnT in the next three years along with expanding dealers and distributor’s network to touch around 10,000 from around 6,500.
As per company’s report, in the first nine months of FY’19 (Apr-Dec’18), the company has reported surge in gross revenue from steel operations at about 79,098.08 lakhs than the 67,220.74 lakhs during Apr-Dec’17.
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