By Sriparna Kar: Shri 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 17th
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
KEY HIGHLIGHTS
Investment: 2-MTPA Integrated Steel Plant with an
investment of Rs 10,000 crore
Capacity: Finished steel capacity to rise from 1.5
MTPA to 3.5 MTPA
Diversification investment: Rs 5,000 crore across
Defence, Aviation, Real Estate, Fabrication, Paints,
Infrastructure,
Construction
Chemicals
&
Engineering
Combined investment: Rs 15,000 crore across Steel
- strategic sectors
Employment:
20,000+ direct & indirect jobs;
livelihood support for over 1.25 lakh families
Facilities: DRI Unit, Pellet & Beneficiation, Steel
Melting Shop, High-Speed Rolling Mill for TMT Bars
& structural steel
Group turnover:
Rs 10,000 crore+ annually;
25,000+ direct employment; 5,000+ dealer partners
nationwide
Chief Guest: Shri Suvendu Adhikari, Hon’ble Chief
Minister of West Bengal, with other State Ministers
expansion programme of its steel division will, apart from spurring a plethora of economicactivities in the backward district of Bankura and other underdeveloped districts, will createadditional employment opportunities of more than 15000 people directly and indirectly andlivelihood support for thousands of families.In addition to investment of INR 10, 000 crores in expansion of its Steel division in terms of settingup 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 EmergingIndustrial Sectors.It is worthwhile to mention that the combined investment of INR 15,000 crores in Shyam SteelGroup’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 than20,000 people directly and indirectly and provide for livelihood support for several thousandfamilies in the backward districts of West Bengal.Mr. Lalit Beriwala, Director of the Group said, “Shyam Steel Group’s proposed investment is notmerely a financial commitment, it is essentially a visionary initiative aligned with the nationalaspirations of “Atmanirbhar Bharat” (Self-Reliant India) and “Viksit West Bengal” (DevelopedWest Bengal). Backed by its technological expertise, financial strength, extensive industrialexperience, and long-term vision, Shyam Steel Group is committed to being a trusted partner inWest Bengal’s industrial renaissance. The proposed investment is not just about establishingindustries; it is a commitment to creating a lasting foundation for prosperity, employmentgeneration, innovation, and sustainable development for generations to come. Our initiatives arealigned with the vision of our Hon’ble Prime Minister and is fully propelled by the double engineSarkar. It’s a defining moment for us as we reinforce our commitment to take the developmenttrajectory of the State Government forward and herald a new dawn of progress in West Bengalthat had suffered serious setback in terms of industrial development for many decades and is nowset to begin afresh under the leadership of the State’s dynamic Hon’ble Chief Minister , ShriSuvendu Adhikari, under the visionary guidance of our Hon’ble Prime Minister Narendra Modi jiand Hon’ble Home & Co-operation Minister Shri Amit Shah ji in sync with the national vision of theCentral Government.”He also added, “with the enhanced steel production capacity in place, Shyam Steel Group will be ina more comfortable position to meet the rising demand of its country-wide institutional and retailclientele through its extensive business network with more than 5,000 enlisted dealer partnersacross the country. The high-quality steel products catering to the surging demand of multiplecategories 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 havesustainable impact in the quality of their works. The choice of our products unmistakably bearstestimony to the Group’s unwavering commitment to public interest driven by trust, quality, timelydelivery, and technical excellence. Besides, it will substantially meet both the State’s and country’shigh quality steel requirements in the Urban & Rural Housing, Public Health Engineering, Ruraland State Road construction, Port, Jetties, Warehouses, Development of Smart Cities, and UrbanRejuvenation sectors etc
