India Hi-Tech Pipes Ltd (HPL) has announced a major expansion plan with a capital expenditure of $68 million (around ₹570 crore) aimed at doubling its tubes and pipes manufacturing capacity. The company plans to increase its production capacity from 1 million tonnes per annum (MTPA) to 2 million MTPA over the next few years, strengthening its position in India's growing steel pipes and tubes market.
The expansion will be carried out across the company's manufacturing facilities in Uttar Pradesh, Andhra Pradesh, and Gujarat. According to the company, a portion of the investment will be utilized during FY 2026-27, while the remaining expenditure will be completed by FY 2028-29.
A key part of the expansion strategy includes the installation of Direct Forming Technology (DFT) pipe and tube manufacturing facilities at its Sanand plant in Gujarat. The company is also setting up an American Petroleum Institute (API) certified pipe manufacturing unit at the same location. Both facilities are expected to become operational by the end of the current financial year.
In addition, Hi-Tech Pipes plans to expand its production of ERW (Electric Resistance Welded) pipes, solar tubes, and other value-added steel products. These products are witnessing increasing demand from sectors such as infrastructure, renewable energy, construction, oil and gas, and water distribution.
Conclusion
Hi-Tech Pipes' $68 million expansion plan marks a significant step toward becoming one of India's leading steel pipe manufacturers. By doubling its production capacity and focusing on high-value products, the company is positioning itself to benefit from strong demand across infrastructure, energy, and construction sectors in the coming years.
FAQs
1. How much is Hi-Tech Pipes investing in the expansion project?
The company plans to invest $68 million (approximately ₹570 crore) to expand its manufacturing capacity.
2. What is the target production capacity after expansion?
Hi-Tech Pipes aims to increase its tubes and pipes production capacity from 1 million MTPA to 2 million MTPA.
3. Which locations will benefit from the expansion?
The expansion will cover manufacturing facilities in Uttar Pradesh, Andhra Pradesh, and Gujarat.
4. What new facilities are being added?
The company is adding Direct Forming Technology (DFT) and API pipe manufacturing facilities at its Sanand plant in Gujarat.
5. By when will the expansion be completed?
The company expects the overall expansion program to be completed by FY 2028-29.
