July 13, 2023
IFGL Refractories is proud to announce that the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) has given approval to set up a new manufacturing facility for continuous casting refractories. The new facility in Odisha will have an installed capacity of 240,000 pieces per annum, and is in line with our overall strategy to meet the expected growth of the domestic Indian steel sector.
Odisha has been selected for its mineral wealth, excellent infrastructure, abundance of well-trained people, and future high concentration of steel manufacturing. This ₹150 crore project will have a commercial production target of March 2025. It will be our second manufacturing facility in Odisha, and fourth in India.
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