Alleima, a prominent manufacturer of advanced stainless steels, special alloys, and industrial heating, has announced the completion of the final phase of its expansion at the Mehsana manufacturing facility in India, which began in 2019. Marking a significant milestone, the company has inaugurated a new heat exchanger tube factory, boosting its capability to produce advanced alloys for critical applications in chemical, petrochemical, and renewable energy sectors.
India’s economic ascent positions it as a key global player, particularly in the chemical and petrochemical industries, and the shift towards renewable energy. Alleima‘s latest facility in Mehsana, Gujarat, exemplifies its commitment to meeting India’s growing demand for high-value tubes used in these sectors. Additionally, the facility will act as a hub for exporting to other Asian markets.
Alleima’s Comprehensive Three-Phase Expansion in Mehsana
The Mehsana mill’s expansion, encompassing a total investment of 180 MSEK from 2019 to 2023, has significantly enhanced Alleima’s production capabilities. “The Mehsana Mill is a cornerstone in our strategy to expand our presence in India and across Asia,” says Göran Björkman, President and CEO of Alleima. “This investment is crucial for our continued growth in the region, driven by infrastructure development and the burgeoning renewable energy sector.”
Carl von Schantz, President of the Tube division at Alleima, elaborates on the strategic importance of the Mehsana Mill in Alleima’s expansion across Asia Pacific. “Our strategic initiative launched in 2019 was aimed at boosting our capacity and capabilities in key growth markets. This comprehensive expansion in India, culminating with the new heat exchanger tube facility, positions us to leverage India’s expanding chemical and petrochemical industries and the renewable energy sector.”
Sharath Satish, President of Alleima Tube division in the Asia-Pacific (APAC) region, reaffirms the company’s dedication to India’s ‘Make in India’ and ‘Aatmanirbhar Bharat Abhiyan’ missions. “Our expanded Mehsana Mill is a step towards enhancing our application tubing capabilities for key industrial segments and supporting India’s journey towards self-reliance in these critical sectors,” he adds.
With its regional headquarters in Pune, an R&D center, and a sales office, Alleima’s operation in India is a testament to its global business strategy. The company’s Indian revenue showed a strong growth from 426 MSEK in 2021 to 613 MSEK in 2022, approximately 60 M USD and 5000 M INR. The recent expansion is set to bolster Alleima’s workforce in India to nearly 400 employees.
