Shyam Metalics Commissions Phase II CRM Facility at Jamuria, Capacity Rises to 0.40 MTPA
The expansion, operated by its subsidiary Shyam Sel and Power Limited, includes a Dual Pot GI-cum-Galvalume line with a capacity of 0.15 million tonnes per annum (MTPA). With this addition, the total installed capacity of the CRM facility has increased to 0.40 MTPA.
The upgraded facility is expected to strengthen the company’s presence in value-added steel products and enable it to cater to high-growth sectors such as solar energy, automotive and consumer durables.
The expansion will support domestic manufacturing of solar panel mounting structures, reducing dependence on imports, and aligns with the Government’s Production Linked Incentive (PLI) scheme for advanced manufacturing.
With enhanced capabilities and strategic location advantages, the project is expected to improve product diversification, expand market reach and support India’s industrial growth.
Brij Bhushan Aggarwal, Chairman and Managing Director, of Shyam Metalics and Energy Ltd., stated: “The commissioning of Phase II of our Flat Products project is a strategic step towards strengthening our value-added product portfolio and improving overall realizations. With this expansion, we are further strengthening our ability to cater to high-growth, high-margin segments such as solar, automotive and consumer durables.
This phase is expected to drive a better product mix, support margin expansion, and contribute meaningfully to incremental EBITDA over the medium term. Our inclusion under the Government’s PLI Scheme further enhances the overall return profile of the project.
We remain focused on disciplined capital allocation, with a strong pipeline of value-accretive expansions under evaluation and expect optimal ramp-up within the next 10–12 months.”
Published on:
20 April 2026
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