Shyam Steel plans Rs 2,500cr capex in Bengal by FY'25 - Business News: Latest News & Videos about market and economy | Trendmergers

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Shyam Steel plans Rs 2,500cr capex in Bengal by FY'25

"Another Rs 1500 crore will be spent in a greenfield plant in West Bengal. The company has already acquired 600 acres of land in Raghunathpur, Purulia, and the work for the project will commence shortly. The plant will have a production capacity of 0.35 million tonnes per year and it will be fully operational by September 2025," he said. Speaking about the retail operation, Beriwala said the company plans to expand retail operations across various states of North India.

from Industry-Economic Times
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