Midhani’s new aluminium alloy plant to come up in Nellore, Andhra Pradesh

<p>The Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) has identified land sought by Mishra Dhatu Nigam Limited (Midhani) for its proposed aluminium alloy plant. The district administration has considered a strectch of land at Bodduvaripalem in Kodavalur mandal in the district of Nellore.</p> <p>The Hyderabad based specialized metals and metal alloys manufacturer had approached AP government for suitable land in the state to establish a high-end aluminium alloy plant.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/midhani-LOGO.jpg" alt="News" width="517" height="268" /></p> <p>Reports have it that the proposed unit, if becomes a reality, will be the first defence manufacturing facility outside Hyderabad.</p> <p>Midhani is forming a joint venture with the Navaratna PSU National Aluminium Company (Nalco) to build the plant that will produce high-end aluminium products, otherwise imported.</p> <p>The company is planning to pump in INR 2,500-3,000 crore as an initial investment for the project.</p> <p>{googleAdsense}</p> <p>The state infrastructure development authority has disclosed names of other Indian PSEs who have also sought land to establish their manufacturing units in the state. &nbsp;The new units proposed by these companies and Midhani will be &ldquo;boon&rdquo; for the district as they would help improve the overall profile of the district significantly, said a senior APIIC official.&nbsp;</p>