India: Viraj Profiles signs INR 12,000 crore MoU for integrated steel plant

Viraj Profiles, a leading manufacturer and exporter of stainless steel products, has signed a memorandum of understanding (MoU) with the Government of Maharashtra to invest INR 12,000 crore for establishing an integrated stainless steel plant in Palghar. The project will create approximately 3,500 jobs, fostering regional socio-economic development. This collaboration aims to drive innovation and contribute to national growth through sustainable industrial progress.