Rana Group to lay stake on Eastern India steel market

VISHAL SHARMA
AGRA, 30 JUNE. Rana Group of Industries, one of the major rolling steel productions companies of North India, shall shortly establish a steel girders production plant in Eastern India (Orissa) with the cost of Rs. 125 crores.
According to the group director Zafir Rana, keeping in mind the power crisis all over the country, the new unit shall have its own captive power plant, enabling the unit to function without being affected from power disruptions.
Besides, Mr. Rana said, the Muzaffarnagar based company, established about 25 years back was already running eight more units in UP & Uttaranchal, serving the entire North India with quality steel products for construction.
According to Mr. Rana after UP & Uttaranchal, Orissa would be the first state out of North India where the Rana Group had established its presence and the new plant in Orissa shall produce steel girders, rods & channels for consumption in the states of Orissa, Bihar, Jharkhand & West Bengal. This way, the company shall be able to lay its stake effectively in the country on steel construction material market which was presently dominated by Tata Steel.
(UNITED NEWS NETWORK)

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