Kalyani Steels Ltd (KSL) was established in Feb 1973 in Pune as a part of the Kalyani Group, primarily with the objective of fulfilling the group’s in-house requirements of forging quality steel.
Post reforms and liberalization in early 90’s, the manufacturing sector witnessed unprecedented growth, and KSL identified tremendous potential beyond serving the in-house requirements. There was a need to grow, upgrade, diversify and economize. Thus, KSL shifted base to Hospet, Karnataka, to set up a world class integrated steel mill (iron-ore based, blast-furnace route) in 1997, with a hot metal capacity of 2,90,000 TPA. This establishment was of extreme strategic importance, with southern region being a budding automotive hub, and Karnataka being a state rich in Iron Ore, along with Mangalore port for other raw material imports. With its Head Office in West (Pune) and Plant in South, Kalyani Steels steadily gained a nationwide foothold.
The original Pune facility (arc-furnace route), through a Joint Venture with Carpenter Corporation, USA, came to be known as Kalyani Carpenter Special Steels Ltd.