Minova Runaya Private Limited commissioned a fully automated self-drilling anchor manufacturing facility in Bhilwara, Rajasthan, marking an expansion of its domestic manufacturing capabilities for mining and tunnelling applications. The facility is located in Hamirgarh, Bhilwara, and is intended to support localised production of ground support products used in underground mining and infrastructure projects.
The new unit will manufacture self-drilling anchors used in tunnelling and mining projects, with the aim of reducing dependence on imports, shortening delivery timelines, and improving cost efficiency for customers in India.
Minova Runaya Private Limited is a joint venture between Minova, part of the Aurelius Group, and Runaya Metsource LLP. The company was incorporated in 2019 and began commercial operations in January 2021. It manufactures safety-critical ground support and geotechnical products for the mining, tunnelling, and construction sectors, aligned with domestic manufacturing initiatives.
The new self-drilling anchor rolling line ha been engineered, manufactured, and supplied by EVIRT ITALIA s.r.l.. The production line is designed to enable continuous manufacturing, enhanced process control, and consistent product quality across the entire process, from raw steel bars to finished self-drilling anchors.
The Bhilwara facility is strategically located within 200 kilometres of several major mining operations in Rajasthan, including those of Hindustan Zinc Limited, which is the company’s largest customer. Under a long-term sales agreement, Hindustan Zinc is required to procure its ground support product requirements from Minova Runaya, providing the company with stable demand and capacity utilisation. The company is also working to increase sales to non-Hindustan Zinc customers, which accounted for around 3 percent of revenue in fiscal 2024 and approximately 6 percent in the first half of fiscal 2025.
Minova Runaya reported revenue of INR 2.23 billion in fiscal 2024, compared with INR 1.99 billion in fiscal 2023. Operating margin improved to 22.3 percent from 21.8 percent over the same period. The company had outlined capital expenditure of around INR 100 million to INR 120 million in fiscal 2025 and INR 200 million to INR 250 million in fiscal 2026 to expand capacity, including the self-drilling anchor line.
The Minova group has operated in the ground support and geotechnical solutions industry for around 140 years, while the Runaya group has manufacturing and sustainability-focused operations in India.
The commissioning follows delays in regulatory approvals that had postponed the start-up of self-drilling anchor capacity originally planned for fiscal 2024.
Minova Runaya Private Limited manufactures bolting systems, resin capsules, grouts, surface support products, and ventilation solutions for underground environments, with its primary manufacturing operations based in Rajasthan.
