Business EconomyPosted at: Nov 11 2026 5:44PM


Japanese steel company IMOP inaugurates 2nd plant in AP with Rs 108 crore investment

Tirupati, Nov 11 (UNI) Japanese steel processing company, India Metal One Steel Plate Processing Private Limited (IMOP), today inaugurated its second manufacturing facility at Sri City in Tirupati District of Andhra Pradesh with an investment of Rs 108 crore, increasing its total investment in the industrial hub to Rs 408 crore.
The new facility, spread over 12,000 square metres, will raise the company's annual production capacity by 25 per cent from 48,000 tonnes to 60,000 tonnes and create 200 additional jobs, taking its total workforce to 850, the company said.
Speaking on the occasion, IMOP Managing Director Taizo Iwami said the expansion would strengthen the company's production capabilities and enable it to meet customer requirements while maintaining quality, safety and timely delivery standards.
Sri City Managing Director Dr Ravindra Sannareddy said the company's continued expansion reflected the confidence of global investors in the industrial hub and would contribute to regional industrial growth and employment generation.
Established at Sri City in August 2012, IMOP manufactures processed steel plates, steel frame assemblies and precision components for leading construction equipment manufacturers.
The inauguration was attended by Masashi Mizuno, Executive Officer and COO of Metal One Corporation, Yukita Sato, Chairman and Managing Director of Metal One India, representatives of Sojitz Corporation India and senior executives of customer and supplier companies.
On the occasion, the company honoured its long-standing business partners, including customers Caterpillar, Kobelco, Tata-Hitachi and Doosan Bobcat, and suppliers Tata Steel, Jindal Steel and JSW Steel.
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Tags: #Japanese steel company IMOP inaugurates 2nd plant in AP with Rs 108 crore investment
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