“This expansion into aluminium extrusion manufacturing helps us diversify into a growing market while maintaining our focus on sustainability. The demand for recycled materials, especially in solar energy and construction, is increasing, and we are well-positioned to meet that need.” Rajesh Gupta, Managing Director, Nupur Recyclers Limited
Nupur Recyclers Limited (NSE: NRL), a leading player in the trading and processing of non-ferrous metal scraps, has announced its expansion into aluminium extrusion manufacturing through its subsidiary Nupur Extrusion. The company has committed an estimated ₹180 million towards setting up of a plant to meet the growing demand for recycled materials for solar energy and construction sectors.
The subsidiary Nupur Extrusion, established in May 2023 and 60% owned by NRL, will focus on manufacturing aluminium extrusions using recycled aluminium scrap. The company recently acquired approximately two acres of land in Sampla, Bahadurgarh, Haryana, where a new production facility is under construction. Orders for two extrusion press machines from international suppliers have already been placed, with the goal of achieving a production capacity of 5,000-6,000 tons by FY 2025-26.
This strategic expansion allows NRL to enter the fast-growing aluminium extrusion market, which plays a critical role in solar energy projects, particularly for solar panel components, as well as in the construction industry for applications like shuttering and scaffolding.
Rajesh Gupta, Managing Director of Nupur Recyclers Limited, commented, “This expansion into aluminium extrusion manufacturing helps us diversify into a growing market while maintaining our focus on sustainability. The demand for recycled materials, especially in solar energy and construction, is increasing, and we are well-positioned to meet that need.” He added, “This investment will strengthen our market position and supports sustainable industrial growth.”
