Sep 11, 2026, 4:14 PM2 views

Monolithisch India bags quartzite stone block in Bihar for ₹157 crore

Monolithisch India acquires a ₹157 crore quartzite stone block in Bihar, enhancing its raw material supply chain and production capacity.

$The company produces premixed ramming mass, a key refractory material used in induction furnaces by the secondary steel industry.$

The company produces premixed ramming mass, a key refractory material used in induction furnaces by the secondary steel industry. | Photo Credit: Steve Marcus

Tekriwal is of the view that this strategic move will significantly strengthen the company's competitiveness in quality and cost in the coming years.

This block belt was operational from 2015-2020, and the ore in this block was highly sought after by secondary steel cluster customers for its quality and consistency.

This allotment will also accelerate the development of new products based on ore behaviour from a single, consistent supply source.

He also said, "This acquisition is only the first step in our next phase of growth; we will pursue similar initiatives to secure raw materials before launching new product verticals".

Published on September 11, 2026

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