Chandigarh, February 1, 2025 – JTL Industries Limited (BSE: 534600, NSE: JTLIND, MSEI: JTLIND), a fast-growing steel tube manufacturer, has announced its foray into a new product category – Lattice Towers. The company is setting up a state-of-the-art manufacturing plant at Derabassi, Punjab, with a production capacity of 1,500 tons per month.
Key Highlights:
- New Product Category: Lattice Towers, essential for telecommunications, railways, and steel building materials.
- Plant Location: Derabassi, Punjab, spread over 12 acres.
- Capacity: 1,500 tons per month.
- Project Timeline: Operations to commence by H2FY26.
- Strategic Importance: Lattice Towers will play a key role in the Indigenous Train Collision Avoidance System (Kavach), helping Indian Railways achieve its "Zero Accidents" goal.
Management Commentary
JTL Industries’ management expressed enthusiasm about the expansion, stating:"We are delighted to announce our entry into a new product category and the addition of our new plant. Lattice Towers are of immense importance in Telecommunications, Steel Building Materials & Railways and will contribute significantly to our value-added portfolio.
This investment will not only open new market segments for us but also enhance our supply capabilities, strengthening our competitive edge. With increasing public and private sector investments in these industries, we see substantial growth potential in the years ahead."
Strategic Growth and Market Positioning
JTL Industries aims to leverage this expansion to diversify its product portfolio and cater to growing infrastructure demands. The company's existing manufacturing units are spread across Punjab, Maharashtra, and Chhattisgarh, with a total pipe manufacturing capacity of ~6,86,000 MTPA and ~3,00,000 MTPA in backward integration.About JTL Industries Limited
JTL Industries is among India’s fastest-growing steel tube manufacturers, recognized as a Star Export House. The company's product range includes:- ERW Black Pipes, Pre-Galvanized and Galvanized Steel Pipes
- Large Diameter Tubes and Pipes
- Hollow Sections and Solar Structures All products are available in hot-dip galvanized, pre-galvanized, and uncoated (MS black) grades, catering to diverse industrial and infrastructure applications.