11 April 2024

POMINI Long Rolling Mills expands its global presence by opening a new subsidiary in India

POMINI Long Rolling Mills is happy to announce the opening of its newest subsidiary in India, denominated POMINI Long Rolling Mills India Pvt. Ltd. This strategic expansion marks a significant milestone in the company's mission to serve its clients and further enlarge its presence in key global markets.

Located in the city of Faridabad, in the state of Haryana, part of Delhi National Capital Region, the new subsidiary will serve as a hub for POMINI Long Rolling Mills' operations in India, catering to the growing demand for high-quality steel rolling solutions in the region. The facility is equipped with state-of-the-art machinery and staffed by a team of skilled Indian professionals dedicated to delivering the best product quality and customer service.

POMINI Long Rolling Mills' expansion into India underscores its long-term commitment to serving the global steel industry and supporting the growth and development of local economies. The company remains focused on delivering value-driven solutions that enable its customers to achieve their business objectives and drive sustainable growth.

The Indian output of steel long products increased by some 70% in 2012-2021. The growth is expected to continue at an approximate rate of CAGR 6% until 2030. Central government policies like NSP and PLI are expected to foster said growth, both for common and special grades of steel. Thus, India is bound to remain a key market in the current decade and beyond.

The decision to open an Indian branch testifies POMINI Long Rolling Mills' commitment to the country, demonstrating its dedication to providing innovative steel rolling solutions that drive efficiency, productivity, and sustainability in the steel industry.
The opening of the Indian branch is facilitated by Make in India program, an initiative launched in 2014 to foster the growth of India into a global design and manufacturing hub, by fostering local talent, skill development, and international knowledge integration.

"I am truly excited to announce the opening of our new branch in India," said Mr. Ernesto Bottone, Chief Executive Officer at POMINI Long Rolling Mills. "This expansion reflects our relentless commitment to understanding and meeting the evolving needs of our clients and strengthening our position as a global player in the rolling of long products. We see tremendous potential in the Indian market and are excited to bring our innovative technologies and solutions closer to our customers here," he added.


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