MIDHANI Advances Independence in Rare Earths with Alloy Development and Infrastructure Expansion
MIDHANI aims to enhance indigenous production of strategic alloys and materials as part of India's defense indigenization efforts. The company focuses on expanding manufacturing capabilities and strengthening supply chains to reduce reliance on imports.
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MIDHANI's order book reached approximately ₹2,290 crore as of April 1, 2026, reflecting a strong revenue outlook. The company is investing in advanced manufacturing technologies, including Vacuum Induction Melting and electroslag remelting, to support the production of aerospace-grade titanium alloys and nickel-based superalloys.
MIDHANI exports to over 20 countries, generating 8-10% of its revenue from exports in FY 2024-25. Future growth opportunities are identified in advanced titanium alloys, nickel-based superalloys, and aerospace propulsion materials. The company faces challenges in ensuring ultra-high purity and consistent quality in its product lines, which are crucial for the aerospace sector.
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