BMW Industries has commissioned a colour-coated steel production line at its Bokaro plant in Jharkhand, beginning the first phase of an ₹800 crore downstream steel expansion aimed at supplying higher-value products to India’s infrastructure, construction, automobile and consumer goods sectors.
Managing Director Harsh Bansal said the line forms part of a greenfield downstream steel complex and will initially serve the domestic market, with exports to be explored depending on market opportunities and demand. The Kolkata-based company currently manufactures steel coils, sheets, pipes and TMT rebars, and with the new line has entered production of colour-coated steel, a pre-painted metal product combining structural strength with a protective metallic and organic paint coating designed to improve corrosion resistance.
The project has been set up under the government’s Production Linked Incentive Scheme for Speciality Steel, which was launched by the steel ministry in 2021 with an outlay of ₹6,322 crore to promote domestic manufacturing of value-added steel grades and encourage technology adoption. The Bokaro project is planned as a 5-lakh-tonne greenfield downstream steel complex, with additional coated-capacity lines to come online in the near future. The company has not disclosed the production capacity of the newly commissioned line.
According to BMW Industries, demand for colour-coated steel is growing across infrastructure, construction, consumer goods, automobiles, renewable energy and defence. During January–March 2026, the company also entered into a partnership with Indian Oil Corporation Ltd to supply piped natural gas to the Bokaro plant.
