Everest Industries Delays Steel Building Facility Launch to Fiscal Year 2026-27
Everest Industries Limited has announced a deferral of the planned manufacturing facility for its Steel Building Division. The facility, initially slated to be established in R. Ananthpuram, Andhra Pradesh, through the company’s wholly-owned subsidiary, Everest Steel Building Private Limited, is now expected to commence operations in Financial Year 2026-27.The delay follows a re-evaluation of the project and ongoing discussions with the Andhra Pradesh Industrial Infrastructure Development Corporation Ltd (APIIDC). The company previously provided an update on the facility’s development on March 21, 2025.
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