Magnus Steel and Infra Limited has been empanelled as an approved steel supplier for Tata Motors’ automobile manufacturing projects across Gujarat and Maharashtra, with supplies already commenced through project contractor RIECO Industries Limited.
The Nashik-based firm executed orders worth approximately ₹8.50 crore during March and April 2026, with further orders of nearly ₹24 crore expected to be released in phases through FY27, subject to construction progress. Total order engagement is estimated at ₹32.50 crore across the engagement period.
The empanelment marks Magnus Steel’s formal entry into the automotive manufacturing infrastructure segment, a strategic pivot for the company, formerly known as Magnus Retail Limited, which transitioned from information technology services into steel trading and industrial supply operations. Supplies are being executed in line with the phased construction schedule at both project sites.
