Mukand Sumi Special Steel (MSSSL) has unveiled plans to establish a large-scale integrated steel facility in Kanakapura, Karnataka with an investment of ₹2,345 crore. The project marks a significant step in the company’s growth strategy, reinforcing its role as a key supplier to India’s expanding industrial and infrastructure landscape.
The new greenfield plant is scheduled for completion by 2028 and will have the capacity to produce 700,000 tonnes of steel annually. Its output will primarily cater to critical sectors such as automotive, railways, and energy, where the demand for high-quality special steel continues to rise. By focusing on these industries, MSSSL aims to strengthen its position in the domestic market while also serving export opportunities.
In addition to increasing capacity, the facility has been designed with sustainability at its core. MSSSL has highlighted that advanced technologies and eco-conscious processes will be integrated into the plant’s operations to minimise environmental impact. This aligns with broader trends in the steel industry, where producers are investing in greener manufacturing practices to meet both regulatory expectations and global commitments to decarbonisation.
The investment is expected to generate substantial economic benefits for the region, including job creation, skill development, and growth in ancillary industries. The choice of Kanakapura also reflects the area’s logistical advantages, offering connectivity to major industrial hubs in southern India.
Industry analysts view this development as a response to India’s growing appetite for infrastructure and mobility solutions. With rising demand from automotive manufacturers, railway projects, and energy infrastructure, MSSSL’s expansion positions it to meet the evolving requirements of these sectors while contributing to sustainable industrial growth.
The project underscores how the steel industry is scaling up to support India’s core industries while embedding sustainability at the heart of future production.
