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Business
TRL Krosaki and Raghav Productivity Form JV to Produce Silica Ramming Mass in Odisha
✍️ Business Standard
🗓 07 Sep 2026, 12:41 AM
👁 28
TRL Krosaki and Raghav Productivity have announced a joint venture to set up a silica ramming mass production unit in Odisha. The partnership aims to cater to the growing demand for drilling consumables in the region.
Two prominent players in the drilling consumables sector, TRL Krosaki and Raghav Productivity, have entered into a joint venture to establish a silica ramming mass manufacturing facility in the state of Odisha. The agreement, disclosed to Business Standard, outlines that the new unit will focus on producing high‑quality silica ramming mass, a material widely used in oil and gas drilling operations.
The partners expect the venture to tap into the expanding demand for drilling fluids and related products across eastern India, where exploration activities have been on the rise. By locating the plant in Odisha, both companies aim to leverage the state's industrial infrastructure and proximity to major drilling sites.
Details regarding the plant’s capacity, investment size, and timeline for commercial production have not been disclosed publicly. The collaboration reflects a broader trend of Indian firms joining forces to strengthen domestic supply chains for energy‑sector inputs.
Stakeholders anticipate that the JV will create employment opportunities and contribute to the local economy, aligning with Odisha’s industrial development goals.
The announcement comes as the Indian oilfield services market continues to grow, prompting manufacturers to expand their footprints and enhance product availability within the country.
The partners expect the venture to tap into the expanding demand for drilling fluids and related products across eastern India, where exploration activities have been on the rise. By locating the plant in Odisha, both companies aim to leverage the state's industrial infrastructure and proximity to major drilling sites.
Details regarding the plant’s capacity, investment size, and timeline for commercial production have not been disclosed publicly. The collaboration reflects a broader trend of Indian firms joining forces to strengthen domestic supply chains for energy‑sector inputs.
Stakeholders anticipate that the JV will create employment opportunities and contribute to the local economy, aligning with Odisha’s industrial development goals.
The announcement comes as the Indian oilfield services market continues to grow, prompting manufacturers to expand their footprints and enhance product availability within the country.