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Shyam Steel

From Wikipedia, the free encyclopedia

Shyam Steel
Company typePrivate
IndustrySteel
Founded1953
Headquarters,
Area served
India
Websiteshyamsteel.com

Shyam Steel Industries Ltd. is an Indian iron and steel company that is engaged in the manufacturing and marketing of iron and steel products.[1][2][3] It was established in 1953 and is headquartered in Kolkata. It produces TMT Bar, Billets, Sponge Iron and Ferro Alloys.[4][5][6]

History

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Shyam Steel was founded in 1953 by Shriram Beriwal with its first factory in Howrah, West Bengal. Later in 1960, his younger brother Shyam Sunder Beriwala joined the company. The company established its Steel Manufacturing Plant in Durgapur, West Bengal in 2005.

The company is associated with the largest institutional projects and public sector undertakings such as National Highway Authority of India (NHAI), railways, military engineering services, Nuclear Power Corporation of India (NPCI) and various state governments.

In Dec 2023, Shyam Steel received GreenPro Certification from the Confederation of Indian Industry.[7]

In 2024, Mamata Banerjee, Chief Minister of West Bengal inaugurated Shyam Steel's fifth integrated plant in Purulia district. It encompasses an area of 600 acres with a capacity of 1.19 million tons.[8]

In December 2022, the company featured Virat Kohli and Anushka Sharma for its branding and promotion.[9]

In March 2023, Shyam Steel was announced the principal sponsor for Lucknow Super Giants in the 2023 Indian Premier League.[10] The company also appointed Bollywood actor and politician, Ravi Kishan as brand ambassador of the company in February 2024.[11]

Shyam Steel's 1500 crore plant in Purulia district is inaugurated by Chief Minister Mamata Banerjee in 2024.[12]

Philanthropy

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Shyam Steel supported various CSR initiatives in the fields of health, education, rural sanitation, and women empowerment. The company donated to Friends of Tribal Society, Shri Ram Janmbhoomi Teerth Kshetra, Ramakrishna Mission Sevashram, Jagannath Temple, Puri and underprivileged women to support education, health, and social development.[13]

In 2021, Shyam Steel donated to Assam Chief Minister's Relief Fund during COVID-19 pandemic in India.[14]

References

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  1. ^ "Shyam Steel aims to double turnover in 3 years". The Times of India. 30 August 2022.
  2. ^ "Shyam Steel India becomes the Official Partner of ICC World Test Championship Final - ET BrandEquity". ETBrandEquity.com.
  3. ^ "Sustainability at the Core: How IT Is Pioneering Change at Shyam Steel". Techcircle. 9 August 2024.
  4. ^ "Shyam Steel plans Rs 2,500cr capex in Bengal by FY'25". The Economic Times. 2 September 2022.
  5. ^ "Shyam Steel appoints Ravi Kishan as brand ambassador - ET BrandEquity". ETBrandEquity.com.
  6. ^ "Ten industrial projects worth Rs 1.65 lakh crore get approval of HLCA". The New Indian Express. 28 March 2025.
  7. ^ "Shyam Steel receives prestigious GreenPro certification". APN News. 15 December 2023.
  8. ^ "Mamata Banerjee inaugurates Shyam Steel's Rs 1500-cr plant in Purulia". The Economic Times. 27 February 2024.
  9. ^ "Shyam Steel rolls out its 'Hamesha Ke Liye Strong' campaign featuring Virat Kohli and Anushka Sharma". Financialexpress. 26 December 2022.
  10. ^ "IPL 2023: Shyam Steel becomes the principal sponsor for Lucknow Super Giants - ET BrandEquity". ETBrandEquity.com.
  11. ^ "Shyam Steel Appoints Ravi Kishan As Brand Ambassador". Realty Plus Magazine.
  12. ^ "Mamata Banerjee inaugurates Shyam Steel's Rs 1500-crore plant in Purulia". Zee Business. Zee News. 27 February 2024.
  13. ^ "Kolkata: A father-son team that strives to bridge social, economic divide". The Times of India. 21 August 2022.
  14. ^ "Shyam Steel donates Rs 25 lakh to Assam CM's Relief Fund". thenewsmill.com. 25 June 2021.