Centre’s support returns Vizag steel plant to profitability

R4U
Rojgar4u Team February 05, 2026
4
Centre’s support returns Vizag steel plant to profitability
Rashtriya Ispat Nigam Limited, operator of the Visakhapatnam Steel Plant in Andhra Pradesh, reported a profit of ₹54 crore in January 2026, marking a swift turnaround after years of financial stress. The recovery followed coordinated support from the Centre and state governments, including a financial package of over ₹10,000 crore approved by the Centre in 2025.
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