On 21st May 2025, BMW Industries Limited, a major player in India's steel processing sector, announced the receipt of new work orders from Tata Steel Limited amounting to ₹364.69 crore. The contract involves the conversion of hot rolled (HR) coils into tubes and is scheduled to run until 31st October 2027. The orders will be carried out by BMW Industries and its wholly-owned subsidiary, BMW Iron & Steel Industries Limited, at their Hazibagan and Jamshedpur facilities, respectively. This development reinforces BMW’s longstanding relationship with Tata Steel and signifies a continuation of its core business operations.
BMW Industries will execute the contract using its existing infrastructure, ensuring optimum utilisation of assets and seamless operations. The company secured ₹188.60 crore worth of work for its Hazibagan plant, while the subsidiary BMW Iron & Steel will handle ₹176.09 crore at the Jamshedpur unit. The agreement reflects Tata Steel’s ongoing trust in BMW’s production quality, execution strength, and infrastructure capabilities. BMW Managing Director Harsh Bansal highlighted the significance of this partnership, noting that it supports long-term revenue stability and efficient asset use.
In parallel with the Tata Steel contract, BMW Industries is advancing its ₹803.47 crore Greenfield Downstream Steel Complex in Bokaro. This new facility is designed to produce high-grade speciality steel, including Galvalume products, targeting both Indian and international markets. The expansion aligns with BMW’s strategy to increase capacity and strengthen its presence in the value-added steel segment. These initiatives reflect the company’s consistent focus on scaling operations and meeting rising industry demands.
Read More: BMW Industries Secures Major Work Order from Tata Steel Worth ₹1,764 Crore
As of May 21, 2025, at 9:50 AM, BMW Industries share price is trading at ₹55.89 per share, reflecting a surge of 4.47% from the previous day's closing price. Over the past month, the stock has surged by 13.09%
The ₹364.69 crore order from Tata Steel is a continuation of BMW Industries’ core operational engagements and enhances its long-term revenue outlook. The company remains focused on delivering quality and reliability while strategically expanding its footprint in the steel processing sector.
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Published on: May 21, 2025, 2:53 PM IST
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