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ISMT Ltd. is undertaking a threefold expansion of its seamless steel tube production capacity from 155,000 tons per year to 475,000 tons per year. This will make it the second largest producer in India and is expected to significantly increase sales and profits starting in 2008. The company also acquired a Swedish company, Structro Hydraulics AB, which manufactures hydraulic cylinder components, providing access to European markets. With growing demand from sectors like oil/gas, construction, and automotive

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