Archive · 2 Sep 2025
Mukand Sumi to Build New Steel Plant in Karnataka
Mukand Sumi, a company that makes special steel for cars and other machines, is building a new steel plant in India.
They will spend a lot of money, about ₹2,345 crore, to make more steel.
The new factory will double how much steel they can make each year.
This steel will be used in important parts of cars, railways, and the energy sector.
The plant will also be environmentally friendly.
They are aiming to start producing more steel by early 2028 and plan to be making steel without harming the environment by 2050.
This expansion is to help meet growing demands and make India more self-sufficient.
Mukand Sumi Special Steel (MSSSL) is investing ₹2,345 crore in a new steel plant.
The plant will be located in Kanakapura, Koppal, Karnataka.
MSSSL aims to start operations by early 2028.
Production capacity will double to 700,000 tonnes per annum.
The facility will implement a Zero Liquid, Solid, and Gaseous Discharge Model.
- Who
- Mukand Sumi Special Steel (MSSSL)
- What
- Announcing a greenfield integrated steelmaking facility
- When
- Expected to begin operations by early 2028
- Where
- Kanakapura, Koppal, Karnataka
- Why
- To meet rising demand for special steel and align with national self-reliance goals.
- Company
- Mukand Sumi Special Steel (MSSSL)
- Location
- Kanakapura, Koppal, Karnataka
- Investment
- ₹2,345 crore
- Production Capacity
- 700,000 tonnes per annum (doubling capacity)
- Products
- Special steel (bars, wire rods, etc.)
- Target Industries
- Automobile, engineering, energy, and railways
- Expected Start Date
- Early 2028
- Sustainability
- Zero discharge model, net-zero steel manufacturing by 2050
