BMW Industries to build Rs 803 crore steel complex in Bokaro, India

BMW Industries Ltd will establish a new downstream steel complex in Bokaro, Jharkhand, with an investment of Rs 803.47 crore. The facility will have annual capacities of 300,000 TPA cold rolled coil, 540,000 TPA galvanised coil, and 2,000 TPA colour-coated coil, with first production expected in FY26.

“Our expansion under the PLI scheme will enhance our capacity to 2.5 million tonnes (MnT) and allow us to manufacture colour-coated and advanced alloy/non-alloy coated products for industries such as infrastructure, construction, automobile, renewables, and defence.”jharkhandinc.com

• 1 source
• jharkhandinc.comBMW Industries to Invest Rs 803 Crore in Steel Plant at Bokaro, Jharkhand - Jharkhand IncorporationJharkhand Inc BureauAug 24, 2025

Summarized from public sources; check the original articles before acting on it.