Tata Metaliks Limited has informed that the board of directors of the company at its meeting reviewed and discussed the opportunities for growth through capacity expansion at its existing plant in Kharagpur, West Bengal and consequent funding options. The Board noted that the Company's current production capacity is 2 LTPA of Ductile Iron Pipes (DIP) and 3 LTPA of Pig Iron (PI). Presently, DI pipes product range is from SOmm to SOOmm diameter. The Company's long-term aspiration is to achieve profitable growth through an increased focus on DIP segments, where the market outlook is attractive.

Accordingly, the Board of Directors of the Company considered and approved the capacity expansion of DI Pipe unit from 2.0 LTPA to 4.0 LTPA along with augmentation of the Mini Blast Furnace capacity and installation of a new 15 MW Power Plant. With this expansion, the product mix of DI Pipes would be enhanced up to 1200 mm diameter pipe