JTL Industries Secures ₹24 Crore GI Pipe Order Under Jal Jeevan Mission

Chandigarh, February 5, 2025 – JTL Industries Limited (NSE: JTLIND, BSE: 534600, MSEI: JTLIND), a leading steel tube manufacturer, has announced securing a significant order from the Public Health Engineering (PHE) Department, Jammu. The contract, valued at ₹24 crores, involves the supply of 3,000 metric tonnes of Galvanized Iron (GI) pipes of various sizes under the government’s flagship Jal Jeevan Mission (JJM).

Order Details & Strategic Importance​

• Total Quantity: 3,000 metric tonnes of GI pipes
• Contract Value: ₹24 crore
• Client: PHE Department, Jammu
• Project: Jal Jeevan Mission (JJM)
• Delivery Timeline: Within 30 days

Jal Jeevan Mission: Market Opportunity​

Initiated by Prime Minister Narendra Modi on August 15, 2019, the Jal Jeevan Mission (JJM) aims to provide tap water to every rural household in India. As of February 1, 2025, household water coverage under JJM has surged from 3.23 crore (17%) in 2019 to 15.44 crore (79.74%). Given the final 20% coverage target, the government has extended JJM until 2028 with an enhanced financial outlay, including:

• ₹4 lakh crore estimated for completion.
• ₹67,000 crore allocated for FY 2025-26.

JTL Industries, being a key supplier of high-quality GI pipes, is positioned to capitalize on the extended programand increase its market share in government infrastructure projects.

Management Commentary​

JTL Industries' management expressed optimism regarding the order and the long-term opportunities under JJM. A company representative stated:

“We are pleased to announce this significant order from the PHE Department, Jammu, under the Jal Jeevan Mission. The extension of JJM presents significant opportunities, and with our established track record as a trusted supplier to the government, JTL is well-positioned to support its next phase. Our proven ability to meet diverse requirements with high-quality GI pipes, backed by our added manufacturing capacity, and our successful history in government projects, ensures we are ready to contribute to large-scale infrastructure initiatives moving forward. As investments in water infrastructure rise, we see significant opportunities to create long-term stakeholder value, enhancing our visibility in the sector and further solidifying our commitment to India’s water security and rural development.”

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About JTL Industries​

JTL Industries is one of India's fastest-growing steel tube manufacturers, with production facilities in:

• Punjab
• Maharashtra
• Chhattisgarh

Manufacturing Capacity:​

• Total pipe manufacturing capacity: ~6,86,000 MTPA
• Backward integration capacity: ~3,00,000 MTPA

JTL is a recognized Star Export House, producing GI Pipes, MS Black Pipes, Hollow-sections, and Solar Structures, catering to diverse industrial and infrastructural applications.

Strategic Outlook​

With India's infrastructure sector receiving increased budgetary support, JTL Industries is well-positioned to expand its footprint in government-backed initiatives. The latest contract under JJM reinforces its competitive positioning in water infrastructure projects, contributing to its long-term revenue growth and stakeholder value creation.