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Maiden Forgings has increased its iron and steel products manufacturing capacity to 53,000 tonnes after operationalising a new facility in Bhojpur, Uttar Pradesh. The company has also outlined plans to further expand its production capacity to 62,000 tonnes by November 2026. While no investment details were disclosed, the expansion is expected to strengthen the company's manufacturing capabilities and broaden its product portfolio. Maiden Forgings, which manufactures steel bars, stainless steel bars and steel wires, said it is continuing the remaining phases of consolidation as part of its growth plans.
Maiden Forgings has increased its iron and steel products manufacturing capacity to 53,000 tonnes after commencing operations at its new manufacturing facility in Bhojpur, Uttar Pradesh. The company also plans to expand its overall manufacturing capacity to 62,000 tonnes by November 2026.
In a regulatory filing, the company said the newly operational facility has added to its production capabilities, taking its total manufacturing capacity to 53,000 tonnes. The next phase of expansion is expected to increase capacity to 62,000 tonnes by November 2026.
The company said operations at the Bhojpur facility began in the past week. It further stated that it is now working on completing the remaining phases of consolidation while also expanding its product portfolio. Maiden Forgings added that further updates on these initiatives will be shared in the coming months.
The company did not disclose the financial investment made towards the new facility or the planned capacity expansion.
Maiden Forgings manufactures a range of iron and steel products, including steel bars, stainless steel bars and steel wires across various grades. The capacity expansion is expected to strengthen the company's manufacturing base and support a wider product offering as it continues to scale its operations.
Source PTI
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