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American Precoat opens First-of-Its-Kind Automotive-Grade Electro Galvanized Steel plant in India Like 1
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Business | December 9, 2021 12:51:01 PM IST
New Delhi [India], December 9 (ANI/ATK): In what could be described only as a game-changing, strategic development in the steel industry of the country, American Precoat Specialty Pvt. Ltd. has set up its continuous Electro-Galvanized Steel plant in India at Valsad, Gujarat.
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What makes the move all the more alluring for the Indian automobile industry is that the plant is developing and
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manufacturing automotive-grade EG Steel. It is the first of its kind from the company in India, an economy that spends
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millions of dollars every year importing EG Steel from suppliers such as South Korea, China, and Taiwan to meet the
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requirements of its local automobile industries.
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American Precoat ensures that the market's need for the automotive-grade EG Steel will be met with a focus on the idea of 'Vocal for Local'. Speaking to our special correspondent, Dr Shubh Gautam, the Promoter and Chief Technical Architect of American
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Precoat Specialty, said, "American Precoat makes an absolute substitute of the imported steel and stands tall with its
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head held high as a landmark to refrain our nation's exchequer to be loaded with millions of dollars, to import the EG
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still from outside the territory of our country." He also spoke about the need to make the steel industry in India self-sufficient. "What we are doing is a mass example to
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promote the idea of 'Make in India", he added. What Shubh Gautam brings with him is a long-term vision for the country's automobile manufacturing industry, which even now depends on steel imports. With American Precoat's EG Steel plant in India, Gautam aims to change that for good. A multi-faceted entity, American Precoat serves customers around the globe with products ranging from special steel, polymer blend alloys coil coatings, to specialty coatings among a gamut of other products. For more information, log on to: https://americanprecoat.com/ This story is provided by ATK. ANI will not be responsible in any way for the content of this article. (ANI/ATK)
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