SAWP STEEL LIMITED

About

Sri Ananda Subbaraya Wire Products Pvt Ltd was incorporated on August 18, 1995, with an installed capacity of 6,000 TPA for manufacturing binding wire. The unit was located in Aganampudi, Visakhapatnam, Andhra Pradesh, and in January 2005, the licensed capacity was increased to 15,000 TPA. In FY16, the company acquired industrial land admeasuring Ac 8.30 at RG Peta Village, L.Kota Mandal, Vizianagaram Dist, Andhra Pradesh, and closed the Aganampudi facility. The company constructed a new facility at RG Peta with a manufacturing capacity of 18,000 TPA of binding wire and high carbon wire. In 2017, the company expanded its operations to include trading of steel and allied products, including raw materials such as coal, iron ore, pellets, and finished products like TMT Rebars. In 2018, the company changed its name to SAWP Steel Limited to align with the brand building and marketing needs of it's parent company, the VPPL group. On October 1, 2021, the company acquired an existing manufacturing unit in Parvada, Visakhapatnam, covering 6 acres and with an annual capacity of approximately 50,000 tons. This newly acquired unit produces mainly 8mm and 10mm rebars. During 2022, SAWP Steel Ltd set up a new facility with an installed capacity of 5,400 TPA for manufacturing nails for export to the US and other European countries. SAWP Steel Ltd remains committed to expanding its operations while maintaining high standards of quality and sustainability in all its business activities.

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