Mukand mulls expansion of plant capacity in Karnataka.

With the partial revival of mining activity in Ballari in Karnataka, one of country’s largest steel makers Mukand Ltd. has expressed interest in expanding its plant capacity there.

The company is now in a strategic alliance with Kalyani Steels Ltd. with a 0.6 million annual capacity. Steel plant located at Hosapete makes steel using mini blast furnace technology, with iron ore and metallurgical coke as major inputs.

'The company officials met us from the industries and commerce department at the ‘Invest Karnataka 2016' road show held in Mumbai. The senior management has expressed interest in expanding production capacity,' Ratna Prabha, Karnataka Additional Chief Secretary told Business Line.

'We have asked the company officials to submit a detailed proposal, which will be looked into favourably,' she added.

HBL