[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":3,"article-shyam-metalics-expands-specialty-steel-with-inr-2700-cr-push":142,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":167,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":208,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$flyRSpjhyVE29pqjd-DzWtoRwNGPXrTq6WJDGSvhczcc":246},{"data":4,"links":79,"meta":84},[5,13,19,25,31,37,43,49,55,61,67,73],{"title":6,"slug":7,"excerpt":8,"imageUrl":9,"publishedAt":10,"author":11,"category":12},"FACC Selects Kineco Aerospace for Second Airbus Composite Work Package","facc-selects-kineco-aerospace-for-second-airbus-composite-work-package","FACC expands its Airbus partnership by awarding Kineco Aerospace a second composite work package, boosting India's aerospace supply chain.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ffacc-selects-kineco-aerospace-for-second-airbus-composite-work-package-cHXO8h.jpg","2026-07-23T15:51:51+05:30","MWM Desk","News",{"title":14,"slug":15,"excerpt":16,"imageUrl":17,"publishedAt":18,"author":11,"category":12},"CEAD, Comau Drive Industrial Adoption of Large-Format Additive Manufacturing","cead-comau-drive-industrial-adoption-of-large-format-additive-manufacturing","Discover how CEAD and Comau are revolutionizing industrial production with large-format additive manufacturing for complex, scalable parts.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fcead-comau-drive-industrial-adoption-of-large-format-additive-manufacturing-L213CD.png","2026-07-22T00:02:59+05:30",{"title":20,"slug":21,"excerpt":22,"imageUrl":23,"publishedAt":24,"author":11,"category":12},"HAL to Showcase Indigenous Defence Programs at Farnborough International Airshow 2026","hal-to-showcase-indigenous-defence-programs-at-farnborough-international-airshow-2026","HAL gears up for Farnborough International Airshow 2026 to showcase indigenous aerospace programs and boost global defense ties.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fhal-to-showcase-indigenous-defence-programs-at-farnborough-international-airshow-2026-70WNmv.jpg","2026-07-20T01:08:09+05:30",{"title":26,"slug":27,"excerpt":28,"imageUrl":29,"publishedAt":30,"author":11,"category":12},"MANNOL Highlights Engine Oil Challenges for Hybrid Powertrains","mannol-highlights-engine-oil-challenges-for-hybrid-powertrains","Discover how hybrid powertrain dynamics are shifting lubrication needs. MANNOL explores the technical challenges and innovative additive solutions for hybrid engine longevity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fmannol-highlights-engine-oil-challenges-for-hybrid-powertrains-Pg2wpv.jpg","2026-07-17T01:58:14+05:30",{"title":32,"slug":33,"excerpt":34,"imageUrl":35,"publishedAt":36,"author":11,"category":12},"Vembu’s BDRShield Powers RainDrive, a Managed Backup & Disaster Recovery Service  ","vembus-bdrshield-powers-raindrive-a-managed-backup-disaster-recovery-service","Discover how Vembu and INDSYS Techservices launched RainDrive, a new managed backup and disaster recovery service for Indian businesses.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fvembus-bdrshield-powers-raindrive-a-managed-backup-disaster-recovery-service-4JFWox.png","2026-07-17T01:33:58+05:30",{"title":38,"slug":39,"excerpt":40,"imageUrl":41,"publishedAt":42,"author":11,"category":12},"Epson Strengthens India’s Textile Manufacturing Ecosystem with New Industrial Printing Solutions","epson-strengthens-indias-textile-manufacturing-ecosystem-with-new-industrial-printing-solutions","Epson expands its India textile portfolio with the new SureColor SC-G9030 DTF and SC-F20030 dye-sub printers, driving high-speed, sustainable manufacturing.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fepson-strengthens-indias-textile-manufacturing-ecosystem-with-new-industrial-printing-solutions-e19voe.jpg","2026-07-17T01:20:30+05:30",{"title":44,"slug":45,"excerpt":46,"imageUrl":47,"publishedAt":48,"author":11,"category":12},"Hindustan Zinc’s Shiksha Sambal Empowers 47,000+ Students Across Rajasthan Since 2018","hindustan-zincs-shiksha-sambal-empowers-47000-students-across-rajasthan-since-2018","Discover how Hindustan Zinc’s Shiksha Sambal initiative is transforming rural education in Rajasthan with a 100% board exam pass rate.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fhindustan-zincs-shiksha-sambal-empowers-47000-students-across-rajasthan-since-2018-oqBqlW.jpg","2026-07-17T00:25:40+05:30",{"title":50,"slug":51,"excerpt":52,"imageUrl":53,"publishedAt":54,"author":11,"category":12},"Rubix Report Sees Capacity Expansion and Green Steel Driving India’s Steel Growth","rubix-report-sees-capacity-expansion-and-green-steel-driving-indias-steel-growth","Discover how India’s steel sector is targeting 500 MTPA by 2047, driven by massive infrastructure growth and a new green steel focus.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Frubix-report-sees-capacity-expansion-and-green-steel-driving-indias-steel-growth-uq5va1.jpeg","2026-07-17T00:18:06+05:30",{"title":56,"slug":57,"excerpt":58,"imageUrl":59,"publishedAt":60,"author":11,"category":12},"TKIL Industries Announces Gaurav Kumar Srivastava as CFO","tkil-industries-announces-gaurav-kumar-srivastava-as-cfo","TKIL Industries appoints Gaurav Kumar Srivastava as the new CFO effective June 2026, succeeding veteran leader Ketan Pendse.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Ftkil-industries-announces-gaurav-kumar-srivastava-as-cfo-T5qjO0.jpg","2026-07-17T00:07:54+05:30",{"title":62,"slug":63,"excerpt":64,"imageUrl":65,"publishedAt":66,"author":11,"category":12},"SFK Group Crosses INR 150 Cr Annual Turnover, Expands Industrial Automation Portfolio","sfk-group-crosses-inr-150-cr-annual-turnover-expands-industrial-automation-portfolio","SFK Group achieves INR 150 Cr turnover! Discover their expanded industrial automation and environmental solutions driving growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fsfk-group-crosses-inr-150-cr-annual-turnover-expands-industrial-automation-portfolio-FEKdg9.jpg","2026-07-16T23:53:48+05:30",{"title":68,"slug":69,"excerpt":70,"imageUrl":71,"publishedAt":72,"author":11,"category":12},"M3M India, Zydex Paints Partner to Deploy KEIM Regalan Across Premium Developments","m3m-india-zydex-paints-partner-to-deploy-keim-regalan-across-premium-developments","M3M India partners with Zydex Paints to deploy KEIM Regalan mineral technology across luxury projects, setting new standards for sustainable facades.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fm3m-india-zydex-paints-partner-to-deploy-keim-regalan-across-premium-developments-42GNS1.jpeg","2026-07-16T23:48:02+05:30",{"title":74,"slug":75,"excerpt":76,"imageUrl":77,"publishedAt":78,"author":11,"category":12},"Belding India Unveils Indigenous Hybrid BESS for Smarter and Cleaner Power Solutions","belding-india-unveils-indigenous-hybrid-bess-for-smarter-and-cleaner-power-solutions","Belding India launches its indigenous Hybrid BESS at India Energy Storage Week 2026, cutting diesel reliance by up to 80% for industrial power.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2026\u002Fnews\u002Fbelding-india-unveils-indigenous-hybrid-bess-for-smarter-and-cleaner-power-solutions-FYqP9g.png","2026-07-16T23:41:19+05:30",{"first":80,"last":81,"prev":82,"next":83},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=130",null,"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=2",{"current_page":85,"from":85,"last_page":86,"links":87,"path":139,"per_page":140,"to":140,"total":141},1,130,[88,91,94,97,101,105,109,113,117,121,125,129,131,135,137],{"url":82,"label":89,"page":82,"active":90},"&laquo; Previous",false,{"url":80,"label":92,"page":85,"active":93},"1",true,{"url":83,"label":95,"page":96,"active":90},"2",2,{"url":98,"label":99,"page":100,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=3","3",3,{"url":102,"label":103,"page":104,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=4","4",4,{"url":106,"label":107,"page":108,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=5","5",5,{"url":110,"label":111,"page":112,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=6","6",6,{"url":114,"label":115,"page":116,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=7","7",7,{"url":118,"label":119,"page":120,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=8","8",8,{"url":122,"label":123,"page":124,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=9","9",9,{"url":126,"label":127,"page":128,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=10","10",10,{"url":82,"label":130,"active":90},"...",{"url":132,"label":133,"page":134,"active":90},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews?page=129","129",129,{"url":81,"label":136,"page":86,"active":90},"130",{"url":83,"label":138,"page":96,"active":90},"Next &raquo;","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fnews",12,1550,{"data":143},{"id":144,"title":145,"slug":146,"excerpt":147,"content":148,"imageUrl":149,"socialImageUrl":150,"publishedAt":151,"author":11,"category":12,"likes":152,"summary":153,"captionLinkedin":154,"captionTwitter":155,"captionInstagram":156,"seo":157,"prevPost":159,"nextPost":163},1386,"Shyam Metalics Expands Specialty Steel with INR 2,700 Cr Push","shyam-metalics-expands-specialty-steel-with-inr-2700-cr-push","Shyam Metalics unveils a major INR 2,700 crore expansion into specialty steel and stainless downstream products to drive long-term growth.","\u003Cp>\u003Cimg style=\"float: left;\" src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FImage-%20SMEL.%2029th%20April.png\" alt=\"\" width=\"221\" height=\"150\">Shyam Metalics and Energy Ltd, one of India’s leading integrated metal-producing companies, unveiled a INR 2,700 crore strategic growth expansion program. The investment will be funded entirely through internal accruals and is aimed at expanding higher-margin product offerings, driving incremental topline growth, and strengthening long-term earnings quality. The proposed expansion plan will be placed before the Board of Directors for formal approval at its forthcoming meeting.\u003C\u002Fp>\r\n\u003Cp>Targeted for commissioning by 2029, the multi-pronged investment program is designed to deepen the company’s presence in value-added and specialty steel segments, strengthen stainless downstream capabilities, and support a calibrated shift toward a richer product mix with improved margin potential.\u003C\u002Fp>\r\n\u003Cp>This investment is in addition to the company’s previously announced INR 16,060 crore capex pipeline, of which approximately INR 8,700 crore has already been invested. The remaining balance is under phased execution over the next 3 to 4 years, reinforcing a long-term growth roadmap focused on capacity-led topline expansion alongside profitability enhancement.\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>Strategic Growth Projects to Drive Higher-Value Revenues\u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>Entry into Special Bar Quality (SBQ) and Specialty Long Products \u003C\u002Fp>\r\n\u003Cp>INR 900 crore investment in an 8,00,000 TPA Special Bar Quality (SBQ) and Specialty Wire Rod &amp; Bar Mill will enable Shyam Metalics’ entry into premium steel categories with stronger realizations and higher-margin applications across automotive, engineering, infrastructure, and industrial segments.\u003C\u002Fp>\r\n\u003Cp>Expected Outcomes:\u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Increase share of high-realization value-added products \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Improve blended product margins \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Support incremental topline growth from premium segments \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Strengthen participation in import-substituting specialty grades \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Open opportunities in export-oriented and precision steel markets\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>Stainless Steel Expansion and Downstream Integration \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>Further advancing its stainless steel growth strategy, INR 1,800 crore investment to expand stainless steel capacity by key downstream additions include:\u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Expanded Stainless Steel Melt Shop \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Capacity enhancement in Hot Strip Mill \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Major Cold Rolling expansion \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●New Reversible Cold Rolling Mill \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Hot Rolled Annealing &amp; Pickling Line \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Cold Annealing &amp; Pickling Line \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Bright Annealing Line \u003C\u002Fp>\r\n\u003Cp>With these additions, cumulative investment in the stainless steel segment will increase from INR 1,030 crore to INR 2,830 crore, positioning the company to strengthen its presence in sophisticated value-added stainless applications and reduce import dependence in critical product categories. This will position the company as a key supplier for high-growth sectors including Automotive, Railways, and Coastal Infrastructure.\u003C\u002Fp>\r\n\u003Cp>\u003Cstrong>Strategic Growth and Margin Expansion Rationale \u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp>The expansion aligns with Shyam Metalics’ strategy of profitable growth through premiumization, downstream integration, and capital-efficient expansion.\u003C\u002Fp>\r\n\u003Cp> \u003Cstrong>Key strategic benefits:\u003C\u002Fstrong>\u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Increase share of higher-margin and value-added products \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Support incremental topline growth across premium categories \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Improve product mix and blended realizations \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Drive margin expansion through downstream integration \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Enhance export competitiveness in specialized segments \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Support import substitution in critical steel categories \u003C\u002Fp>\r\n\u003Cp style=\"margin-left: .5in;\">●Contribute to long-term return accretion and shareholder value \u003C\u002Fp>\r\n\u003Cp>Importantly, the entire investment will be funded through internal accruals, reinforcing the company’s disciplined capital allocation approach while pursuing growth without balance sheet stress.\u003C\u002Fp>\r\n\u003Cp>Commenting on the developments, Brij Bhushan Agarwal, Chairman and Managing Director, Shyam Metalics and Energy Ltd, said, “This marks the next phase of Shyam Metalics’ evolution from scale-led growth to value-led growth. Our objective is not simply to add capacity, but to build stronger positions in sophisticated, higher-margin product categories that can drive sustainable returns over the long term. The investments in specialty steel and advanced stainless downstream products will help us move further up the value chain, support import substitution, and strengthen India’s manufacturing capabilities. Importantly, these expansions are being funded entirely through internal accruals, reflecting both our balance sheet strength and disciplined approach to growth. We are confident that the integration of these stainless steel offerings will catalyze manifold growth in both our topline and profit margins. With these projects, we are building a stronger, more resilient, and globally competitive metals platform, one that is aligned with India’s industrial ambitions while delivering long-term value for customers, communities, and shareholders.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.shyammetalics.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FMay2026\u002FLRGyIBxw1M8Z3PiCBk8d.png","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FMay2026\u002FLRGyIBxw1M8Z3PiCBk8d.png","2026-05-02T19:47:43+05:30",0,"Shyam Metalics announced a INR 2,700 crore investment to boost its specialty steel and stainless downstream production capabilities.\nThe expansion includes a INR 900 crore entry into Special Bar Quality (SBQ) products for automotive and engineering sectors.\nThe firm is significantly scaling its stainless steel division with an additional INR 1,800 crore to enhance export competitiveness.","Shyam Metalics is pivoting from scale-led growth to value-led growth with a massive INR 2,700 crore investment program. This strategic move deepens their footprint in the premium Special Bar Quality (SBQ) and stainless steel segments, targeting high-growth sectors like automotive, railways, and infrastructure. By funding this expansion entirely through internal accruals, the company demonstrates a disciplined approach to capital allocation while aiming to significantly improve margins and product mix. As the industry shifts toward specialized, import-substituting steel grades, these investments place Shyam Metalics in a competitive position for both domestic and international markets. A bold step forward in the company's evolution as a premium metal powerhouse. #SteelIndustry #StrategicInvestment #ManufacturingGrowth","Shyam Metalics announces a massive INR 2,700 crore investment to boost specialty steel production. Shifting focus from volume to value-led growth by 2029. #SteelIndustry #Manufacturing","Big moves in the metals sector! 🏗️ Shyam Metalics just announced a massive INR 2,700 crore investment to supercharge their specialty steel and stainless steel production. This strategic push is all about shifting to high-margin, premium products to serve the automotive, railway, and engineering industries. 📈 By funding this through internal cash flow, they are setting a strong example of disciplined, long-term growth. We're looking at a major transformation in their product mix by 2029! Exciting times ahead for the Indian steel landscape. 🇮🇳✨ #ShyamMetalics #SteelIndustry #ManufacturingNews #IndustrialGrowth #Infrastructure #BusinessStrategy #Investment",{"title":145,"description":147,"keywords":158},"shyam metalics, specialty steel, stainless steel expansion, capex investment, metal industry news, indian manufacturing, steel sector growth, industrial infrastructure, b2b business news",{"title":160,"slug":161,"imageUrl":162},"IEEMA Launches ELECRAMA 2027; Germany Named Partner Country","ieema-launches-elecrama-2027-germany-named-partner-country","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FApril2026\u002FV6qGZDxj2YHXX9QdZVha.JPG",{"title":164,"slug":165,"imageUrl":166},"IAA TRANSPORTATION 2026 Partners MAN, Volvo for Test 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