Mumbai, July 10 -- The company will set up a new Electric Resistance Welded (ERW) pipe manufacturing line with an annual capacity of 3 lakh metric tonnes, specifically targeting the ASTM/API-grade pipe segment.

In its filing, JTL said the new facility will help unlock margins exceeding Rs 7,000 per tonne and enable the production of over 500 unique product variants (SKUs). The line will allow the company to manufacture round pipes ranging from 6 to 20 inches, square sections from 130x130 mm to 400x400 mm, and rectangular sections from 100x160 mm to 300x500 mm. It will also support thicknesses between 4 mm and 16 mm.

The plant is expected to be operational within the next 12 months and is seen as a key step in JTL's strategy to scale its...