- Business
- Indian Metals and Ferro Alloys Limited operates as a fully integrated producer of value-added ferro chrome, a key component in stainless steel manufacturing, within India. The company manages its own chrome ore mines and maintains captive power generation facilities, including coal-based, furnace gas-based, and solar power, ensuring operational efficiency and supply stability. Expanding its core operations, the company recently acquired Tata Steel's ferrochrome plant in Kalinganagar, significantly boosting its capacity beyond 0.5 million tonnes annually, positioning it as India's largest and the world's sixth-largest ferro-chrome producer. Further expansion plans include a new greenfield ferrochrome facility at Kalinganagar and diversification into ethanol production with a plant at Therubali, both slated for commissioning in fiscal year 2026-27. IMFA serves a global clientele, primarily exporting its ferro alloys to major stainless steel production hubs in Asia, including Korea, China, Japan, and Taiwan, while also focusing on the growing domestic market. Incorporated in 1961, the company is headquartered in Bhubaneswar, India.