Shyam Metalics Expands Steel Capacity with Phase II CRM Commissioning in West Bengal!
Shyam Metalics and Energy Limited has commissioned Phase II of its Cold Rolling Mill (CRM) facility at its Jamuria plant in West Bengal, marking a significant expansion in its value-added steel capabilities. The facility, operated through its subsidiary Shyam Sel and Power Limited, commenced commercial production on April 16, 2026.
The expansion introduces a Dual Pot GI-cum-Galvalume line with a capacity of 0.15 million tonnes per annum (MTPA). With this addition, the company’s total CRM capacity has increased to 0.40 MTPA, up from 0.25 MTPA in Phase I. This upgrade strengthens Shyam Metalics’ ability to produce high-quality, coated steel products tailored for advanced industrial applications.
A key focus of the expansion is to cater to high-growth sectors such as solar energy, automotive, and consumer durables. The enhanced capacity enables the company to supply materials for solar mounting structures—an area that has historically relied on imports—thereby supporting India’s push for self-reliance in renewable energy infrastructure.
The automotive and appliance industries are also expected to benefit from the availability of high-grade, precision-engineered steel products. As demand rises for better performance, durability, and finish, the expanded facility positions the company to meet evolving industry requirements.
According to Brij Bhushan Aggarwal, Chairman and Managing Director, the commissioning of Phase II represents a strategic step toward strengthening the company’s value-added product portfolio and improving overall realizations. He noted that the expansion will help the company tap into high-margin segments while enhancing its product mix and long-term earnings potential.
The development aligns with the Government of India’s Production Linked Incentive (PLI) scheme, which encourages domestic manufacturing and supports industrial growth in advanced sectors. By increasing local production of coated steel products, Shyam Metalics is contributing to reduced import dependence and a more resilient supply chain.
The company has indicated that it will follow a disciplined investment approach, with full operational ramp-up expected within the next 10 to 12 months. Once fully operational, the expanded facility is expected to significantly enhance output efficiency, product quality, and market competitiveness.
Overall, the commissioning of Phase II at Jamuria underscores Shyam Metalics’ commitment to scaling up its capabilities in value-added steel, positioning itself as a key supplier to emerging and high-growth industries in India.
