April 21, 2026 03:09 pm (IST)
Follow us:
INDSUR strikes Rs. 500 cr steel plates deal with Mexician firm
Mumbai/Kolkata, Aug 7 (IBNS): Indsur Group, a major producer of power infrastructure castings, auto components, thermal engineering, Thursday announced that its US-arm Indsur Stelcore Inc. has bagged an order aggregating Rs 500 crore from a Mexican firm for supply of around one lakh metric tonne (MT) of steel plates.
“Getting such a large order from Mexico amidst stiff competition from Korea and China not only proves our competitiveness but also opens up a huge market for us in Latin America, Middle East and European countries, said Amit Lodha, Director and President, Indsur Stelcore.
He added, “We are confident of making further in-roads in these lucrative markets backed by technologically superior products at competitive prices.” Indsur’s casting plant which is located in India is the largest exporter of power infrastructure castings and has a major presence in Europe.
Indsur has manufacturing plants in steel castings, auto components, pipes, steel and steel related products. These facilities are strategically located in India, UK, and US. It is also setting up a large casting plant in Saudi Arabia. The group recently acquired its second thermal engineering unit, CDA Contracts through its UK arm Indsur Nevron. In order to support and further strengthen its export and other business activities has also recently opened its UK-headquarters in Liverpool.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Amazon’s $25 billion AI gamechanger: Inside the massive $100 billion Anthropic deal
Tue, Apr 21 2026
How Payouts APIs Power Seamless Global Payments for Modern Platforms
Tue, Apr 21 2026
Oil jumps over 5% as Strait of Hormuz closure fuels supply fears
Mon, Apr 20 2026
Markets remain volatile amid West Asia tensions, rising crude
Mon, Apr 20 2026
From minerals to microchips: Odisha’s big leap into future tech
Sun, Apr 19 2026
Game changer: India’s first Advanced 3D Glass Semiconductor Packaging Unit to be unveiled in Odisha
Sat, Apr 18 2026
Meta eyes first wave of layoffs on May 20: Report
Sat, Apr 18 2026