Gallantt Ispat Limited, board of directors at their meeting held on February 5, 2019 announced that the company had set sales and profitability targets for the coming years and in order to achieve projected sales and profitability target installed capacity of the existing plants is bound to be expanded. Management personnel the Company had approached the technical team for taking their advice on the expansion plan to be designed. Technical team of the Company through its internal appraisal and analysis of various technical and non-technical factors suggested the Board to expand the capacity of various plants. Further, a total investment of INR 9,700 million (approximately) has been estimated for the expansion.