BMW Industries and its wholly-owned subsidiary, BMW Iron & Steel Industries has bagged a contract from Tata Steel for conversion of hot rolled (HR) coils into tubes.
The work will be executed at BMW’s Hazibagan, Howrah plant, and BMW Iron & Steel’s facility in Jamshedpur. The contract is valid until 31 October, 2027, with a total value of Rs 188.60 crore for BMW Industries and Rs 176.09 crore for BMW Iron & Steel, respectively. The company will execute the orders using its existing facilities and aims to utilise this engagement to enhance operational efficiency and sustain business momentum through FY27.
BMW Industries is also progressing with the development of its Rs 803.47 crore greenfield downstream steel complex in Bokaro. This facility is being set up to manufacture high-grade specialty steel, including coated and Al-Zn coated (Galvalume) products, catering to both domestic and global requirements. The Bokaro project is a key part of the company’s expansion strategy, aimed at increasing its capacity and market presence in the value-added steel segment.