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AISRM Multimetals Private Limited plans to invest ₹1,003.57 crore to establish a steel manufacturing facility in Ludhiana, Punjab, covering 46 acres and expected to create over 920 jobs. The project will be executed in three phases, with operations set to begin by September 2027, and will utilize advanced technologies to produce high-quality steel products. This investment supports the Punjab Government's objectives for industrial growth and employment.