Proterial Builds 30,000-TPA Metglas Plant in India - Transformer Localization Moves Upstream

Highlights

• Proterial and SSEL are building a 30,000-tonne-per-year Metglas amorphous alloy ribbon plant in Sri City, Andhra Pradesh, targeting October 2026 startup.
• India currently consumes an estimated 60,000–70,000 tonnes of amorphous material annually; a planned second phase could nearly eliminate import dependence within three to five years.
• Metglas transformer cores reduce standby power consumption to roughly one-third that of conventional electrical steel, making them critical to India's grid efficiency goals.
• India's DGTR has opened an anti-dumping investigation into amorphous metal imports from China, Japan, South Korea, and Russia, adding policy urgency to domestic production.
• The venture fits a broader Indian industrial strategy: localize advanced materials, connect them to downstream manufacturing, and reduce logistics and import exposure at scale.