Hi-Tech Pipes Aims for 1 Million Tonnes Capacity by FY25

Hi-Tech Pipes Limited (HTPL) has achieved a significant milestone with the successful commissioning of its Greenfield project at Sanand Unit II (Phase 1), adding 170,000 tonnes to its capacity. In addition, the company has initiated two new greenfield projects in Sikandrabad (U.P.) Unit-III and Sanand Unit-II (Phase 2), projecting a total capacity of 1 million tonnes by the end of FY25. The strategic expansion aims to tap into both domestic and international markets, reinforcing the company's commitment to providing top-quality piping solutions.

The newly commissioned facilities, equipped with the latest technology and quality testing equipment, enhance HTPL's leadership position in the industry. The ongoing construction at Sikandrabad, Unit-III (U.P.), is expected to further strengthen the company's leadership in North India. The move aligns with the vision of Uttar Pradesh Chief Minister Sh. Yogi Adityanath to achieve a target of USD 1 Trillion GDP for the state.

The Sanand Unit-II project is specifically geared for manufacturing High-End Pipes for Solar Trackers, securing approval from the world's largest Solar Tracker Manufacturers. Additionally, API pipes present a substantial opportunity for HTPL to enter the premium Oil & Gas Industry in India and globally.