Start Induction Furnace Steel Melting Unit – Full Setup Support in India

Launch a steel melting plant using induction furnace technology in Chhattisgarh, India's steel manufacturing hub. We offer land, power supply, sponge iron, and setup guidance for producing steel billets, MS ingots, and custom steel alloys. Cater to re-rolling mills, automotive sectors, infrastructure developers, and industrial OEMs. Ideal for bulk production, export markets, and TMT bar raw material supply. Build your furnace-based steel unit with turnkey project support and long-term viability in the Indian metallurgical industry.

Induction Furnace Unit – Steel Melting Plant Setup Proposal

✅Project Model: We offer land and complete setup assistance. The investor is expected to fund plant machinery and production operations. Together, we establish a fully functional steel melting unit.

📍 Location: Chhattisgarh
🤝 You Invest | We Setup | Complete Turnkey Support

Project Overview

This proposal outlines a profitable opportunity to establish a Steel Melting Unit using Induction Furnace technology in one of India's most steel-rich states – Chhattisgarh, This unit produces produce molten metal for billets, ingots, and castings. This unit serves as the backbone of steel production, supporting downstream industries like rolling mills, TMT bar plants, angle/channel units, and casting workshops.

What is an Induction Furnace?

An Induction Furnace uses electromagnetic induction to melt scrap iron, sponge iron, and metal waste. Known for being energy-efficient and cleaner than blast furnaces, it is the preferred technology for small to medium-scale steel production.

Why Chhattisgarh?

• Direct access to Sponge Iron, Iron Scrap, Ferro Alloys, and Fluxes

• Established steel manufacturing ecosystem

• Stable power supply in industrial zones

• Proximity to coal mines and transportation networks

• Supportive government policies & industrial

Product Output

✅ Final Products:

• Mild Steel Billets

• Alloy Steel Ingots

• Customized Metal Castings

• Raw Material for Rolling, Forging & Re-melting

Plant Capacity Options

The plant can be designed based on demand forecasts and investment scale. Typical capacity options include:

• Available in 3 MT, 5 MT, 8 MT, 12 MT per heat

• Scalable setup with options for multiple furnaces for continuous production

Machinery & Plant Components:

1. Core Melting Unit: Induction Furnace with Power Panel

2. Refining Unit (Optional): Ladle Refining Furnace

3. Cooling System: Water Circulation & Cooling Tower

4. Material Handling: Scrap Charging System, Ladle Handling, Overhead Crane

5. Casting Zone: Mold Zone or Continuous Casting Machine (CCM)

Strategic Location Advantage – Bastar, Chhattisgarh

• Direct Raw Material Access: The Nagarnar Steel Plant (NMDC), located just ~75 km away, ensures a continuous and cost-effective supply of billets, sponge iron, and wire rods. This minimizes raw material transportation costs and guarantees steady production cycles.

• Industrial Land : Bastar's developing industrial zones offer affordable land with high growth potential, making it ideal for new manufacturing units and steel processing plants.

• Seamless Logistics Connectivity: Immediate access to NH-30 (Kondagaon) and the Raipur–Jagdalpur Logistic Corridor enables smooth movement of raw materials and finished goods, supporting both domestic distribution and export supply chains.

• Export-Ready Business Environment: With improving infrastructure and supportive government policies, Bastar is becoming a strategic hub for steel-related industries looking to tap into national and international markets.

Strategic Highlights (At a Glance):

• ✅ Raw Material Nearby: NMDC Nagarnar Steel Plant (~75 km)

• ✅ Land + Growth Potential: Bastar Industrial Zones

• ✅ Seamless Logistics: NH-30 + Raipur–Jagdalpur Corridor

Raw Materials Required

• Mild Steel Scrap

• Sponge Iron

• Ferro Alloys & Fluxes

• Refractory Lining Materials

• Electricity (High Power Input)

Market Demand & Buyers

• Rolling Mills (TMT bars, structural steel)

• Foundries & Casting Units

• Export Clients for semi-finished steel products

• Engineering & Fabrication Workshops

Pollution Control & Compliance

• Fully compliant with CPCB & SPCB environmental norms

• Installation of Fume Extraction Units, Bag Filters, and Chimney Systems

• Slag Handling & Safe Disposal Mechanisms

Business Scope & Growth Potential

• 📈 Business Scope & Growth:

  • Backbone supplier for downstream steel plants

  • High demand in Construction, Railways, Auto & Agri sectors

  • Consistent market demand ensures stable revenue

  • Export-ready product scope

  👷 Local Development & Employment:

  • Job creation for skilled & unskilled labor

  • Boosts economy through industrial cluster development

  • Encourages ancillary service industries

Employment & Local Development

• Creates skilled & semi-skilled job opportunities

• Boosts local economy through industrial growth

• Supports ancillary businesses and service providers

Our Turnkey Support Includes

• Land Allocation, Plant Layout & Design

• Supply & Installation of Induction Furnace & Accessories

• Pollution Compliance Documentation & Setup

• Training & Operational Support for workforce

Conclusion

Establishing an Induction Furnace Unit in Chhattisgarh offers exceptional long-term profitability. With easy access to raw materials, industrial infrastructure, logistics support, and growing steel demand, this venture is ideal for investors seeking a reliable and scalable manufacturing business. We offer end-to-end support to turn this vision into reality.