Belco Steels Gears Up for Growth with New 180,000 TPA Steel Plant in Punjab

Belco Special Steels Private Limited is embarking on a transformative journey with its Steel Plant Unit Project in Turan, Fatehgarh Sahib, Punjab. This strategic initiative aims to bolster the production of alloy steel bars, with a projected capacity of 180,000 metric tons per annum (TPA). The estimated investment of 52 crores underscores the company's commitment to technological advancement and market expansion within the steel manufacturing sector.

Situated in Turan, Fatehgarh Sahib, Punjab, the project capitalizes on the region's rich industrial heritage and strategic location. Turan's proximity to key transportation networks and raw material sources facilitates efficient operations and logistical advantages for Belco Special Steels. Furthermore, the project's location within Punjab, a state known for its thriving steel industry, positions it favorably for market access and growth opportunities.

The Steel Plant Unit Project holds significant promise for generating employment opportunities in Fatehgarh Sahib and its surrounding areas. With an estimated workforce requirement, the project aims to create jobs across various skill levels, thereby contributing to socio-economic development and livelihood enhancement in the region. By prioritizing local hiring and skill development initiatives, Belco Special Steels aims to foster a culture of inclusivity and empowerment within the workforce.

News by Rahul Yelligetti