Shyam Metalics has embarked on a diversification approach in the metal space to chart the company’s growth journey and has proposed to further invest Rs 7500 crore over the next five years. In order to meet the growth plans with organic and inorganic expansion, Shyam Metaliks present capex aims at growing to Rs 10,000 crore in the next five years, the firm said.
Shyam Metalics recently took control of Ramsarup Industries through NCLT. Following the takeover, Shyam Metalics is aiming at enhancing and reviving its operations and steel-making manufacturing facilities