Author: Prachi Sharma
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India: Hi-Tech Pipes plans $68 million capex to double its tubes and pipes capacity
Company to spend $2 million in FY27, with remaining capex through FY29. Expansion to cover DFT, API, ERW and specialized solar tube capacities. India’s Hi-Tech Pipes Limited (HPL) has planned capital expenditure of $68 million to double its tubes and pipes production capacity to 2 million ton per year from 1 million ton per year,…