Rashmi Group's ₹10,000 Crore Steel Megaproject Lands in Purulia

Rashmi Group, a Kolkata-based industrial conglomerate, has unveiled plans to invest ₹10,000 crore to establish a 2.8 million tonne per annum (MTPA) integrated steel plant and a 400 MW captive power plant in Purulia, West Bengal.

The project, slated for completion by 2030, has received state government approval along with 938 acres of land allotment. It has also been accorded ‘Ultra Mega Project’ status by the Government of West Bengal, ensuring fast-track clearances and facilitation support.

This development forms a key part of Rashmi Group’s long-term growth strategy, which spans iron and steel, cement, power, and mining. The group has already invested over ₹20,000 crore in West Bengal across various sectors.

According to L. B. Chourasia, Joint President of Rashmi Group, the new investment is aligned with the state’s industrial vision and underscores the company’s commitment to driving economic growth and employment generation in Bengal.

News by Rahul Yelligetti.