Announced Thu, 24 Sept, 2026 · 15:24 IST
Interarch inaugurates new heavy steel facility in Andhra Pradesh
INTERARCH · price
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Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹1691.10
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₹1681.40
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AI summary
Interarch inaugurated a new heavy structural steel manufacturing facility at Attivaram, Andhra Pradesh on Sept 24, 2026. Phase 1 spans about 20 acres with 25,000 sq m built-up area and initial capacity of 24,000 MT per year. The facility targets high-rise buildings, data centres, semiconductor, renewable energy, and EV projects. Phase 2 civil works are already underway.
Likely market impact
Capacity expansion into heavy structural steel could boost growth, targeting high-demand sectors like data centres and semiconductors.