Shyam Metalics and Energy Capacity Expansion: ₹2,700 Cr Investment
Shyam Metalics and Energy Ltd unveiled a ₹2,700 Crore expansion plan to enter premium specialty steel and enhance stainless steel capacity. Funded through internal accruals, the projects target commissioning by 2029. This strategic shift towards high-margin products aims to drive long-term earnings quality and reduce import dependence in critical sectors.
- Value
- ₹2,700 Cr
- Execution
- By 2029