The Economic Times

IMFA plans shift in production site to save Rs 100 crore in costs: Company aims for output of 400,000 tonnes in current fiscal year

Indian Metals and Ferro Alloys (IMFA) is set to achieve substantial cost reductions and boost its production. By relocating operations from Therubali to Kalinganagar, the company aims for a remarkable output increase of nearly ninety percent over the next two years. The Therubali facility will repurpose to accommodate a new ethanol production unit, enhancing overall operational capabilities.