BMW Industries Ltd is set to establish a manufacturing plant in Bokaro, Jharkhand, with a project cost estimated at ₹8.03 billion. The company already possesses the required land for the project. This expansion aligns with BMWIL's strategic growth plans, which include setting up a Cold Rolling Mill Plant worth ₹1,100 crore, as announced during the 'Advantage Jharkhand' program. BMWIL is a leading steel processing service provider in India, known for its high-quality products and commitment to sustainability.
Sources: BMW Industries, Economic Times, Live Hindustan.