APL Apollo is India's largest producer of electric resistance welded (ERW) steel pipes. Over the years, through organic and inorganic initiatives, the company enhanced its ERW capacity, which is currently ~2.5x its nearest peer. APL Apollo has an ERW capacity of 2.3 million tonne (MT) (inclusive of recently acquired 200000 tonnes capacity from Shankara Building Products), which has increased more than 8x in the last nine years. In the current decade itself, APL Apollo has witnessed notable growth in its capacity/volume thereby increasing its market share. APL Apollo's installed...