# Poshs Metal Industries receives INR 43 Cr for new steel facility

Poshs Metal Industries received INR 43 crore investment from Global Supply Chain Support Fund (managed by Aavishkaar Capital and KfW) to set up a new steel processing facility in Aurangabad, expanding automotive steel capacity.

- Type: Investment
- Announced: 2025-04-23
- Where: Aurangabad, India
- Value: $5.20M (430.0M INR)
- Status: announced
- Products: auto-grade flat steel, steel blanks
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Poshs Metal Industries](https://endata.com/companies/84311.md)
- [KfW](https://endata.com/companies/8997.md) (investor)
- [Aavishkaar Capital](https://endata.com/companies/84312.md) (investor)

## Sources

- [smecentral.in](https://smecentral.in/poshs-metal-grabs-inr-43-cr-to-expand-steel-capacity/), 2025-04-23: "The new funds will be used by Poshs Metal to set up a new steel processing facility in Aurangabad, a strategic location that aligns with its ongoing efforts to scale up and enhance its service capabilities to key Original Equipment Manufacturers (OEMs)."

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