# Shyam Metalics plans Rs 7,500 crore investment for expansion

Shyam Metalics and Energy Ltd plans to invest about Rs 7,500 crore over the next 4-5 years to scale up its metal business, including Rs 5,000 crore at its Jamuria plant in West Bengal. The company aims to increase integrated capacity from 8.8 million tonnes to 14.4 million tonnes by 2025.

- Type: Investment
- Announced: 2022-12-20
- Where: Jamuria, West Bengal, India
- Value: $900.0M (75.0B INR)
- Starts operating: 2025
- Status: announced
- Capacity: 14.4 million tonnes integrated capacity
- Products: steel, stainless steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Shyam Metalics and Energy Ltd](https://endata.com/companies/57960.md)

## Sources

- [business-standard.com](https://www.business-standard.com/article/companies/shyam-metalics-acquires-mittal-corp-forays-into-stainless-steel-business-122122000901_1.html), 2022-12-20: "The company will invest about Rs 7,500 crore over the next 4-5 years to scale up its metal business."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.