Shyam Metalics Expands into Aluminium with Sambalpur Facility
Steel

Shyam Metalics Expands into Aluminium with Sambalpur Facility

Shyam Metalics and Energy has announced the upcoming commissioning of its aluminium flat rolled products and foil manufacturing facility in Sambalpur, Odisha, through its subsidiary Smel Steel Structural.
The facility, in an advanced stage of readiness, will produce aluminium flat rolled products (FRP) with a capacity of 60,000 tonnes per annum and aluminium foils with a capacity of 18,000 tonnes per annum, catering to a range of precision-driven applications.
The expansion marks the company’s entry into value-added aluminium products, aimed at strengthening downstream capabilities and reducing import dependence. It also supports demand across sectors requiring high-quality, engineered materials.
The company expects the project to improve operating margins by 40–50 per cent, driven by a better product mix and enhanced efficiencies. Revenue is projected to grow two to 2.5 times over the medium term, supported by expanded market reach and higher realisation products.
Strategically located, the Sambalpur facility offers logistical advantages for serving domestic and international markets while strengthening the company’s integrated manufacturing ecosystem.
Commenting on the development, Brij Bhushan Aggarwal, Chairman and Managing Director, said, “This project represents a key milestone in our journey toward building a robust downstream aluminium ecosystem. With rising demand for high-quality aluminium products, we are confident that this facility will contribute meaningfully to industrial growth while supporting local economic development.”
The project is also expected to generate employment and contribute to regional development, aligned with India’s focus on strengthening domestic manufacturing.

Shyam Metalics and Energy has announced the upcoming commissioning of its aluminium flat rolled products and foil manufacturing facility in Sambalpur, Odisha, through its subsidiary Smel Steel Structural.The facility, in an advanced stage of readiness, will produce aluminium flat rolled products (FRP) with a capacity of 60,000 tonnes per annum and aluminium foils with a capacity of 18,000 tonnes per annum, catering to a range of precision-driven applications.The expansion marks the company’s entry into value-added aluminium products, aimed at strengthening downstream capabilities and reducing import dependence. It also supports demand across sectors requiring high-quality, engineered materials.The company expects the project to improve operating margins by 40–50 per cent, driven by a better product mix and enhanced efficiencies. Revenue is projected to grow two to 2.5 times over the medium term, supported by expanded market reach and higher realisation products.Strategically located, the Sambalpur facility offers logistical advantages for serving domestic and international markets while strengthening the company’s integrated manufacturing ecosystem.Commenting on the development, Brij Bhushan Aggarwal, Chairman and Managing Director, said, “This project represents a key milestone in our journey toward building a robust downstream aluminium ecosystem. With rising demand for high-quality aluminium products, we are confident that this facility will contribute meaningfully to industrial growth while supporting local economic development.”The project is also expected to generate employment and contribute to regional development, aligned with India’s focus on strengthening domestic manufacturing.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code