Magnus Steel Wins ₹32 Crore Tata Motors Project

Magnus Steel and Infra has been empanelled as an approved steel supplier for Tata Motors’ upcoming automobile manufacturing facilities in Gujarat and Maharashtra, marking the company’s entry into the automotive infrastructure segment.

The company is currently executing purchase orders through RIECO Industries, the primary contractor for the projects, to support large-scale construction activities at the upcoming manufacturing sites. The engagement is estimated to be worth around ₹32 crore.

According to the company, orders worth nearly ₹8 crore have already been executed over the past two months. Looking ahead to FY27, Magnus expects an additional order pipeline of approximately ₹24 crore, which will be released in phases in line with the project construction schedule.

Karronn Naresh Bajaj said the partnership reflects the company’s expanding capabilities within India’s industrial and infrastructure supply chain ecosystem.

By supplying high-grade steel for Tata Motors’ manufacturing facilities, Magnus Steel and Infra aims to strengthen its position as a reliable partner in large-scale industrial infrastructure development. The phased delivery model is also expected to support deeper integration into Tata Motors’ expansion plans while reinforcing the company’s presence in the domestic steel trading market.

News by Rahul Yelligetti.