Viki Industries is planning to set up its new mild steel billets unit with a capacity of 1,80,000 tpa, as well as a steel rods and structural components unit with a capacity of 3,000 tpa at Gummidipoondi village in Chennai district of Tamil Nadu.

The proposed unit will span over 2.74 acres of land parcel and create employment opportunities for about 150 individuals.

Viki Industries is awaiting terms of reference (ToR) for the project.

According to the information available with Projects Today, the company has planned to commence the work on the project by September 2023.

Further, Viki Industries is yet to finalise the contractor and machinery supplier for the project.