Shyam Metalics to Start Wagon Manufacturing at Kharagpur Plant
22 May 2025
2 Min Read
CW Team
Shyam Metalics and Energy Limited, a leading Indian metal company, announced its entry into wagon manufacturing with a new greenfield facility at Kharagpur, West Bengal. The facility, developed by its subsidiary Ramsarup Industries Limited, is scheduled to commence operations by March 2026.
The plant will be built in two phases, initially producing 2,400 wagons per year and eventually doubling to 4,800. It will manufacture various types of rolling stock, including flat, open, box, hopper covered, tank, and specialised wagons.
Designed with sustainability in mind, the facility will feature rooftop solar installations for clean energy, an on-site residential colony, and recreational amenities. It employs a world-class 鈥淯ni-Flow鈥� manufacturing layout to enhance efficiency and supports the Government of India鈥檚 鈥淢ake in India鈥� and 鈥淎tmanirbhar Bharat鈥� initiatives through the use of domestically manufactured equipment.
The site benefits from excellent connectivity via two national highways and proximity to a major port. Integrated infrastructure such as an operational railway siding, captive power facilities, and access to steel products from Shyam Metalics鈥� flagship plant enhance operational efficiency.
This venture diversifies Shyam Metalics鈥� portfolio beyond steel and forms a key part of its five-year capital expenditure roadmap aimed at supporting India鈥檚 infrastructure growth and industrial self-reliance.
Source:Shyam Metalics and Energy Limited Press Release
Shyam Metalics and Energy Limited, a leading Indian metal company, announced its entry into wagon manufacturing with a new greenfield facility at Kharagpur, West Bengal. The facility, developed by its subsidiary Ramsarup Industries Limited, is scheduled to commence operations by March 2026.The plant will be built in two phases, initially producing 2,400 wagons per year and eventually doubling to 4,800. It will manufacture various types of rolling stock, including flat, open, box, hopper covered, tank, and specialised wagons.Designed with sustainability in mind, the facility will feature rooftop solar installations for clean energy, an on-site residential colony, and recreational amenities. It employs a world-class 鈥淯ni-Flow鈥� manufacturing layout to enhance efficiency and supports the Government of India鈥檚 鈥淢ake in India鈥� and 鈥淎tmanirbhar Bharat鈥� initiatives through the use of domestically manufactured equipment.The site benefits from excellent connectivity via two national highways and proximity to a major port. Integrated infrastructure such as an operational railway siding, captive power facilities, and access to steel products from Shyam Metalics鈥� flagship plant enhance operational efficiency.This venture diversifies Shyam Metalics鈥� portfolio beyond steel and forms a key part of its five-year capital expenditure roadmap aimed at supporting India鈥檚 infrastructure growth and industrial self-reliance.Source:Shyam Metalics and Energy Limited Press Release
Next Story
Premier Energies and Nuevosol Form JV for Aluminium Frames
Premier Energies Limited, an integrated solar cell and module manufacturer, has entered into a joint venture with Nuevosol Energy Private Limited, a Hyderabad-based manufacturer of solar photovoltaic mounting structures. Premier Energies will hold the majority stake in this strategic partnership.The joint venture plans to establish a 36,000 metric tonnes per year aluminium extrusion and anodising facility in Seetharampuram, Telangana, to support Premier Energies鈥� solar manufacturing operations. Commercial operations are expected to begin in fiscal year 2027.This partnership aims to enhance q..
Next Story
DLF Reports Rs 43,570 Mn Net Profit and Rs 2,12,230 Mn Sales
DLF Limited announced its consolidated financial results for the fourth quarter and full fiscal year ending 31 March 2025. The company reported a net profit of Rs 12,680 million for Q4, a year-on-year growth of 37 per cent. For the full fiscal year, net profit rose 59 per cent to Rs 43,570 million.Consolidated revenue stood at Rs 33,480 million for Q4 with gross margins of 47 per cent and earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 11,980 million. For FY25, revenue was Rs 89,960 million, gross margins were 48 per cent, and EBITDA totalled Rs 31,110 million.DLF鈥..
Next Story
Mamata Machinery Wins EEPC India Star Performer Award
Ahmedabad-based Mamata Machinery Limited has received the prestigious 鈥淪tar Performer鈥� award at the EEPC India 40th Western Regional Export Performance Awards for 2021-22. The award recognises Mamata鈥檚 exceptional export achievements in the Medium Enterprise category.Mamata Machinery is a global leader in flexible packaging machinery solutions, with over 4,800 installations across 75 countries. The company鈥檚 products span the entire value chain from co-extrusion to advanced packaging machinery.This accolade marks Mamata鈥檚 22nd recognition from EEPC India, complementing honours from o..
