Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
West Bengal’s steel sector is set for a major boost with planned investments worth ₹8,000 crore over the next five years. The announcement was made during the Bigmint India Ferrous Week, jointly organized by the Steel Re-Rolling Mills Association (SRMA) and WBSIMA.
The Shakambhari Group will invest ₹5,000 crore to build a new integrated steel plant in Purulia, with commissioning targeted by 2030–31. Meanwhile, Adukia Industries will expand its existing Purulia facility with a ₹3,000 crore investment over the same period.
These projects are expected to create jobs, strengthen regional infrastructure, and align with the National Steel Policy 2017, which aims to raise India’s crude steel capacity to 300 million tonnes by 2030. India currently produces around 156 million tonnes annually.
The planned investments highlight Bengal’s growing role in India’s steel expansion strategy and signal strong industry confidence in the state’s industrial potential.
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