The greenfield project, having an annual production capacity of 300,000 tonnes of cold rolled full hard coil/sheet; 540,000 tonnes of galvanized coil/sheet, and 200,000 tonnes of color coated coils/sheets, will be set up at Bokaro in Jharkhand.
Mar 19, 2025
BMW Industries Limited is planning to expand its business by establishing a manufacturing plant at Bokaro in Jharkhand, the second-highest steel-producing state in the country.
The company will establish a downstream steel complex with an annual production capacity of 300,000 TPA of cold rolled full hard coil/sheet; 540,000 TPA of galvanized coil/sheet, and 200,000 TPA of color coated coils/sheets.
Entailing an investment of INR 803.47 crore, the greenfield project will be funded through a mix of internal accruals and debt. BMW Industries already possesses the industrial land required for the purpose.
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The expansion will enable the company to leverage its existing strengths in downstream steel processing and cater to the growing demand across the country.
