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Shyam Metalics began production of crash barriers at its Giridih facility with an annual capacity of 24,000 MTPA, employing over 150 people. The company also plans a new facility in Sambalpur with an investment of INR 500 million and a capacity of 60,000 MTPA.
Shyam Metalics expects to receive clearances for commissioning an aluminum foil plant in West Bengal with a proposed installed capacity of 0.03 MTPA, expected to start commercial operations in December 2021.
Shyam Metalics received consent to operate from pollution control boards, increasing its total installed sponge iron capacity by 20% from 1.39 MTPA to 1.67 MTPA. Incremental capacities will commence operations in December 2021.
| Site | Largest | Latest |
|---|---|---|
| Giridih, India | $6.00M | 2025-09-01 |
| Sambalpur and Jamuria, India | 2021-12-09 | |
| West Bengal, India | 2021-12-09 |