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Kundan Motwani

20th May 2025 ยท SEBI-Registered Analyst

๐Ÿš† Shyam Metalics Enters Wagon Manufacturing with New Kharagpur Facility

Shyam Metalics and Energy Ltd. has officially announced its foray into the wagon manufacturing space, with a state-of-the-art greenfield facility coming up in Kharagpur, West Bengal under its subsidiary Ramsarup Industries Ltd. ๐ŸŽฏ Key Highlights: ๐Ÿ—๏ธ Capacity: 2,400 wagons annually in Phase I, scaling up to 4,800 wagons in Phase II ๐Ÿš‰ Product Line: Will include flat, open, box, hopper covered, tank, and specialized wagons ๐ŸŒž Sustainability: Rooftop solar installations to power operations ๐Ÿ‘ทโ€โ™‚๏ธ Employee Welfare: On-site residential colony and recreation zones ๐Ÿš› Logistics Edge: Located near two national highways and a major port for seamless connectivity ๐Ÿ› ๏ธ Smart Manufacturing: โ€œUni-Flowโ€ layout for efficient production ๐Ÿ“… Operations are expected to begin by March 2026, aligning with Indiaโ€™s Make in India and Atmanirbhar Bharat initiatives.

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