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Manaksia secures ₹500 crore in European deals, boosting exports and capacity amid sustainability and financial upgrades.
Manaksia Coated Metals & Industries has signed MoUs with European clients worth ₹500 crore for 50,000 metric tonnes of coated steel products over the next year, supporting its expansion in Europe and boosting export revenue, which already accounts for 70% of its H1 FY26 sales.
The deals align with planned capacity increases, including a new color coating line and expanded Alu-Zinc production, raising total capacity to 236,000 metric tonnes.
The company also advanced sustainability and financial strength with a 7.0 MWp renewable energy project and a credit rating upgrade from Acuite.
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Manaksia asegura ₹ 500 crores en acuerdos europeos, aumentando las exportaciones y la capacidad en medio de la sostenibilidad y las mejoras financieras.