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
RentenPe and Mygate Partner to Transform Rent Payments in India
Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India鈥檚 first Rent Credit Score鈩� platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe鈥檚 payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..
Next Story
Supreme Unveils New Brand Identity to Elevate Lifestyle
Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group鈥檚 refreshed vision to 鈥楨levate Lifestyle鈥�. This brand transformation represents more than a visual refresh鈥攊t marks a strategic shift in the company鈥檚 mission, visual identity and market positioning. The update will be visible across all of Supreme鈥檚 digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..
Next Story
Capri Loans Launches #TarrakiKeHaath Campaign Honouring India鈥檚 Everyday Heroes
Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India 鈥� from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans鈥� long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat鈥檚 economy. Conceptualized by Rediffusion Brand Solutions, the..