Shyam Metalics Limited (SML), a leading steel manufacturer in India, has commissioned a new 1 lakh TPA (tonnes per annum) production capacity at its Jamuria plant in West Bengal. The new capacity will be used to produce TMT bars, wire rods, and other steel products.
The commissioning of the new capacity is a significant milestone for SML. It will help the company to meet the growing demand for steel products in India. The new capacity will also create employment opportunities for over 1,000 people in the region.
The new capacity was commissioned in the presence of Shri Subrata Mukherjee, Minister of State for Heavy Industries, Government of India. Shri Mukherjee congratulated SML on the commissioning of the new capacity and said that it would boost the steel industry in West Bengal.
SML Chairman and Managing Director Shri Umesh Chandra Agarwal said that the commissioning of the new capacity was a major step in the company’s growth journey. He said that the new capacity would help SML to meet the growing demand for steel products in India and abroad.
Agarwal also said that SML was committed to providing quality steel products to its customers. He said that the company was investing in new technologies and processes to improve the quality of its products.
The commissioning of the new capacity is a major boost for the steel industry in West Bengal. It will help to create employment opportunities and boost the economy of the region.
Benefits of the New Capacity
The new capacity will have a number of benefits, including:
- Increased production: The new capacity will help SML to increase its production of steel products. This will help to meet the growing demand for steel products in India and abroad.
- Increased employment: The new capacity will create employment opportunities for over 1,000 people in the region. This will help to boost the economy of the region.
- Increased exports: The new capacity will help SML to increase its exports of steel products. This will help to boost the Indian economy.
Conclusion
The commissioning of the new capacity is a major milestone for SML and for the steel industry in West Bengal. It will help to meet the growing demand for steel products in India and abroad, and it will create employment opportunities and boost the economy of the region.