Bokaro Steel Plant Expansion to Boost Capacity and Employment

29 Jan 2025 CW Team

Steel Minister HD Kumaraswamy announced a Rs 200 billion expansion plan for the Bokaro Steel Plant in Jharkhand on Tuesday, aimed at increasing its production capacity from 5.25 million tonnes per annum (MTPA) to 7.55 MTPA. The move is a step toward fulfilling India's goal of self-sufficiency in steel production as part of the Atmanirbhar Bharat initiative.

The ambitious plan will include the construction of a new 4,500 cubic meter blast furnace, along with facilities such as thin slab casting, direct rolling, a calcining plant, a stamp-charged coke oven battery, and an expanded sinter plant. This overhaul is expected to strengthen India’s steel industry, contributing significantly to the nation’s economic growth and aligning with Prime Minister Narendra Modi's vision of a 300 MTPA steel industry by 2030.

The expansion is also set to generate significant employment opportunities, including 10,000 indirect jobs and 2,500 permanent positions in the region. Additionally, the plant is making strides in sustainability with the installation of 30 MW of floating solar power and 20 MW of land-based solar power generation.

This expansion reaffirms India's commitment to technological advancement and self-reliance in steel production, further enhancing the sector’s capacity to meet future demands.

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..