Rashmi Group Announces ₹10,000 Crore Investment in Integrated Steel & Power Project in West Bengal

**_Kolkata, India_**: Rashmi Group, one of India’s fastest-growing integrated steel and manufacturing conglomerates, has announced a landmark **investment of ₹10,000 crore** to establish a **2.8 MTPA Integrated Steel Plant along with a 400 MW Captive Power Plant in Purulia, West Bengal**. The project, targeted for completion by 2030, has been granted Ultra Mega Project status by the Government of West Bengal, ensuring fast-tracked approvals and accelerated development.

This strategic investment reinforces Rashmi Group’s commitment to strengthening India’s industrial ecosystem while accelerating the growth of West Bengal as a major steel manufacturing hub.

**A Major Step in Rashmi Group’s Growth Journey**

Rashmi Group has consistently expanded its manufacturing footprint across iron & steel, cement, power, mining, and ferro alloys. With over ₹20,000 crore already invested in West Bengal, this new ₹10,000 crore project marks another milestone in the Group’s long-term expansion strategy.

The upcoming integrated facility will manufacture high-quality steel products including:

• TMT Bars
• Wire Rods
• Billets
• Structural Steel

The addition of a **400 MW captive power plant** will ensure energy efficiency, operational reliability, and sustainable manufacturing practices, further strengthening Rashmi Group’s vertically integrated capabilities.

**Strengthening Rashmi Group’s Industry Leadership**

Over the years, Rashmi Group has built a strong global reputation backed by its diversified manufacturing capabilities and large-scale infrastructure:

• World’s 2nd Largest Ductile Iron Pipes & Fittings Manufacturer
• India’s Largest Small Diameter Seamless Pipes & Tubes Manufacturer
• Integrated Steel Manufacturing Operations
• Strong Presence in Power, Cement, Ferro Alloys & Mining
• Over 8.3 MTPA Steel Capacity and 1,050 MW Power Generation Capacity

The upcoming Purulia project will significantly enhance Rashmi Group’s steel production capabilities and further strengthen its position as a global leader in the iron & steel sector.

**Transforming West Bengal’s Industrial Landscape**
_The ₹10,000 crore investment is expected to bring substantial benefits to West Bengal:_

• Economic Growth & Industrial Development
• Establishment of a new industrial hub in Purulia
• Boost to downstream and ancillary industries
• Strengthening Eastern India’s steel manufacturing ecosystem
• Employment Generation

The project is expected to generate approximately 18,000 direct and indirect employment opportunities, contributing significantly to local economic development and livelihood creation.

• Infrastructure & Regional Development
• Improved infrastructure in Purulia and surrounding areas
• Development of logistics and supply chain networks
• Increased opportunities for MSMEs and local vendors
• Aligned with Government Vision

Rashmi Group’s investment aligns closely with the Government of West Bengal’s vision of industrial-led inclusive growth. The project has received land allotment of approximately 938 acres, further demonstrating the state government's support for industrial expansion and economic progress.

This collaboration between industry and government is expected to accelerate the development of West Bengal into one of India’s leading manufacturing destinations.

**Building the Future of Global Steel**

The upcoming integrated steel and power project in Purulia marks a transformational step in Rashmi Group’s growth journey. By strengthening manufacturing scale, improving operational efficiency, and expanding global reach, this project will significantly enhance the Group’s competitiveness in international markets.

With this strategic investment, Rashmi Group is not only reinforcing its leadership in India’s iron & steel sector but also positioning itself as an unbeatable global force in the Iron & Steel industry — powered by innovation, scale, and sustainable growth.

**Rashmi Group — Shaping Steel, Powering Progress, Building the Future.**