SHREEDAKSHAYANI METAL PRIVATE LIMITED is setting up an $8M manufacturing plant for Copper and its allied products in the Union Territory of Jammu and Kashmir, India, under the New Central Sector Scheme for Industrial Development of Jammu and Kashmir [2021] passed by the Union Govt of India. The plant will have an annual capacity of 20,000 MT of Copper and its allied products. The plant will commence production in October 2025.