Varadhman Adarsh Ispat is setting up an expansion project at its existing steel plant at Ambey Majra. The project involves the installation of Billets, Steel Ingots & Blooms etc and for which MS/CI Scrap, Sponge/Pig Iron, Silicon Manganese Alloys are the raw materials used. As of April 2015, company has approached MoEF for clearances.