📷 Image: Wikimedia Commons / Shyam Metalics and Energy Limited
Business
Shyam Metalics to Invest Over $5 Billion in Maharashtra
✍️ Business Standard
🗓 02 Oct 2026, 08:32 PM
👁 10
Shyam Metalics has signed a deal to invest more than $5 billion in Maharashtra, marking a significant boost to the state's manufacturing and infrastructure sectors.
Shyam Metalics, a prominent Indian metal manufacturing firm, has finalized a deal to invest over $5 billion in Maharashtra.
The investment will focus on expanding production facilities, setting up new plants, and creating thousands of jobs across the state.
The company plans to channel funds into the manufacturing of steel, aluminum, and other metals, thereby strengthening local supply chains.
The deal is expected to enhance Maharashtra’s industrial base and attract further foreign investment.
The investment will focus on expanding production facilities, setting up new plants, and creating thousands of jobs across the state.
The company plans to channel funds into the manufacturing of steel, aluminum, and other metals, thereby strengthening local supply chains.
The deal is expected to enhance Maharashtra’s industrial base and attract further foreign investment.