June 24, 2026 05:20 pm (IST)
Follow us:
INDSUR strikes Rs. 500 cr steel plates deal with Mexician firm
Mumbai/Kolkata, Aug 7 (IBNS): Indsur Group, a major producer of power infrastructure castings, auto components, thermal engineering, Thursday announced that its US-arm Indsur Stelcore Inc. has bagged an order aggregating Rs 500 crore from a Mexican firm for supply of around one lakh metric tonne (MT) of steel plates.
“Getting such a large order from Mexico amidst stiff competition from Korea and China not only proves our competitiveness but also opens up a huge market for us in Latin America, Middle East and European countries, said Amit Lodha, Director and President, Indsur Stelcore.
He added, “We are confident of making further in-roads in these lucrative markets backed by technologically superior products at competitive prices.” Indsur’s casting plant which is located in India is the largest exporter of power infrastructure castings and has a major presence in Europe.
Indsur has manufacturing plants in steel castings, auto components, pipes, steel and steel related products. These facilities are strategically located in India, UK, and US. It is also setting up a large casting plant in Saudi Arabia. The group recently acquired its second thermal engineering unit, CDA Contracts through its UK arm Indsur Nevron. In order to support and further strengthen its export and other business activities has also recently opened its UK-headquarters in Liverpool.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Adani stocks soar! Investors rush in after Gautam Adani unveils massive Rs 2 lakh crore expansion plan
Wed, Jun 24 2026
Adani's biggest energy gamble yet! Rs 2 lakh crore push, 45 GW target and nuclear ambitions unveiled
Wed, Jun 24 2026
Vedanta shares crash 6%! Promoter's Rs 1,890 crore stake sale plan spooks investors
Tue, Jun 23 2026
Tech giant Oracle slashes 21,000 jobs while betting big on AI
Tue, Jun 23 2026
Renault India begins global exports of the new Duster
Mon, Jun 22 2026