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Indian Seamless Metal Tubes Limited

Sector: Manufacturing (Industrial) • Location: India

Source: International Finance Corporation (IFC)

Project
Completed

Indian Seamless Metal Tubes Limited (ISMT) an Indian seamless tubes and pipes manufacturer plans to modernize and upgrade its existing operations from the current installed capacity of 50,000 tons per annum (tpa) to approximately 155,000 tons per annum. The project involves the modernization, expansion, and financial restructuring of ISMT to become a globally competitive player. ISMT plans to mo

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The project “Indian Seamless Metal Tubes Limited” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Description

Description

Indian Seamless Metal Tubes Limited (ISMT) an Indian seamless tubes and pipes manufacturer plans to modernize and upgrade its existing operations from the current installed capacity of 50,000 tons per annum (tpa) to approximately 155,000 tons per annum. The project involves the modernization, expansion, and financial restructuring of ISMT to become a globally competitive player. ISMT plans to modernize the existing operations and to acquire additional manufacturing capacity by merging with another seamless tubes manufacturing company. The cost of the restructuring plan is US$ 27.5 million and ISMT has approached IFC for an assistance of US$ 11.5 millions.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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