Shyam Steel Group breaks ground on Rs10,000-crore, 2-MTPA integrated steel plant at Mejia

Kolkata / Mejia (Bankura), 17 July, 2026: Suvendu Adhikari, Hon’ble Chief Minister of West Bengal, laid the foundation stone of Shyam Steel Group’s 2-MTPA Integrated Steel Plant, as part of its Steel Division’s Expansion Programme on 17^th July 2026. The proposed Plant comprising of, among others, the facilities of DRI Unit, Pellet & Beneficiation, Steel Melting Shop, High Speed Rolling Mill for TMT Bars and structural steel will add to the national capacity of steel manufacturing and significantly contribute to the reaching of the target of 300 MT Steel production by 2029-30 as envisaged in the National Steel Policy (NSP) 2017.

Shyam Steel Group, headquartered in Kolkata, West Bengal, is one of India’s leading, trusted, and reputed industrial conglomerates in the steel sector. Established in the year 1953 by the renowned Beriwala family, it carries over seven decades of rich industrial legacy and heritage. Today, with an annual steel production capacity of 1.5 million tonnes per annum (MTPA), it has emerged as the country’s one of the most prominent integrated steel manufacturers and the post expansion its finished steel production capacity will be shot up to 3.5 MTPA.

Importantly, Shyam Steel Group is not merely a name in the steel industry but remains a strong and steadfast partner in India’s development trajectory spreading across infrastructure development, industrial growth, and nation-building. The Group has an annual turnover of over ₹10,000 crore and directly employs more than 25,000 people, while supporting the livelihoods of over 1.25 lakh families.

The expansion programme of its steel division will, apart from spurring a plethora of economic activities in the backward district of Bankura and other underdeveloped districts, will create additional employment opportunities of more than 15000 people directly and indirectly and livelihood support for thousands of families.

In addition to investment of INR 10, 000 crores in expansion of its Steel division in terms of setting up of the Integrated Steel Plant(s), Shyam Steel Group also proposes to invest approximately ₹5,000 crore across the strategic sectors of national importance like Defence Manufacturing, Aviation & Advanced Equipment, Real Estate & Industrial Townships, Fabrication, Paints & Industrial Coatings, Infrastructure, Construction Chemicals, Engineering and Other Emerging Industrial Sectors.

It is worthwhile to mention that the combined investment of INR 15,000 crores in Shyam Steel Group’s Steel division’s expansion Project as well as other strategic sectors of national importance, the employment opportunities that the Shyam Steel Group is set to create will go up to more than 20,000 people directly and indirectly and provide for livelihood support for several thousand families in the backward districts of West Bengal.

Lalit Beriwala, Director of the Group said, “Shyam Steel Group‘s proposed investment is not merely a financial commitment, it is essentially a visionary initiative aligned with the national aspirations of “Atmanirbhar Bharat” (Self-Reliant India) and “Viksit West Bengal” (Developed West Bengal). Backed by its technological expertise, financial strength, extensive industrial experience, and long-term vision, Shyam Steel Group is committed to being a trusted partner in West Bengal’s industrial renaissance. The proposed investment is not just about establishing industries; it is a commitment to creating a lasting foundation for prosperity, employment generation, innovation, and sustainable development for generations to come. Our initiatives are aligned with the vision of our Hon’ble Prime Minister and is fully propelled by the double engine Sarkar. It’s a defining moment for us as we reinforce our commitment to take the development trajectory of the State Government forward and herald a new dawn of progress in West Bengal that had suffered serious setback in terms of industrial development for many decades and is now set to begin afresh under the leadership of the State’s dynamic Hon’ble Chief Minister , Shri Suvendu Adhikari, under the visionary guidance of our Hon’ble Prime Minister Narendra Modi ji and Hon’ble Home & Co-operation Minister Shri Amit Shah ji in sync with the national vision of the Central Government.”

He also added, “with the enhanced steel production capacity in place, Shyam Steel Group will be in a more comfortable position to meet the rising demand of its country-wide institutional and retail clientele through its extensive business network with more than 5,000 enlisted dealer partners across the country. The high-quality steel products catering to the surging demand of multiple categories of clientele prominent among them being National Highways Authority of India (NHAI), Airports Authority of India (AAI), Oil and Natural Gas Corporation (ONGC), RAILWAYS, DEFENCE, BHEL, IOCL, NPCIL and host of other front-ranking government and infrastructure giants will have sustainable impact in the quality of their works. The choice of our products unmistakably bears testimony to the Group’s unwavering commitment to public interest driven by trust, quality, timely delivery, and technical excellence. Besides, it will substantially meet both the State’s and country’s high quality steel requirements in the Urban & Rural Housing, Public Health Engineering, Rural and State Road construction, Port, Jetties, Warehouses, Development of Smart Cities, and Urban Rejuvenation sectors etc.

Additionally, the expansion of the Shyam Steel Group’s steel Division will go a long way in recalibrating the centuries-old industrial base of West Bengal, as well as its rapid economic transformation improving the quality of life of the people. This single step of Shyam Steel Group will lead many thousand steps to follow towards making West Bengal a vibrant manufacturing hub where skill development, advanced technological growth, qualitative excellence and innovations will confluence to the sustainable growth of State’s economy and act as the harbinger to India becoming the 3^rd largest global economy in the years to come.