BMW Industries Limited has commissioned a colour coating line at its greenfield downstream steel complex in Bokaro, Jharkhand, marking the start of the first phase of the project, the company announced in a stock exchange filing.
The complex is being developed at a total project cost of INR 803 crore (USD 84.4 mln) and will include facilities for cold rolled full hard (CRFH), galvanized, galvalume, zinc-aluminium-magnesium (ZAM) and colour-coated steel products.
The next phases include 550,000 tons per year of CRFH capacity and 540,000 tons per year of galvanized, galvalume and ZAM capacity. The company expects revenue generation to begin in the third quarter of fiscal 2026-27, followed by a phased ramp-up over subsequent quarters.
BMW Industries Limited, established in 1981 and headquartered in Kolkata, India, is a steel processing and value-added products manufacturer. The company operates facilities in West Bengal and Jharkhand and is expanding its downstream steel production through a greenfield complex in Bokaro.
1 USD / 95.1 INR