BMW commissions Colour Coating line at Bokaro

BMW Industries announced the successful commissioning of the first phase of its Greenfield Downstream Steel Complex at Bokaro, Jharkhand, with the Colour Coating line commencing operations. This marks a significant milestone in the Company's transition into an integrated, value-added downstream steel player.

The Greenfield Downstream Steel Complex at Bokaro, being developed at a total project cost of Rs 803 crore, will house Cold Rolled Full Hard (CRFH), GA/GI/ZAM and Colour Coated capacities, positioning BMWIL across the full basket of value-added coated steel products.

As on 30th June 2026, total capital of Rs 341.6 crore had been deployed towards the project, comprising Rs 139.2 crore of internal accruals and Rs 202.4 crore of debt drawdown. Of this approximately, Rs 60 crore has been capitalized towards the commissioning of the Colour Coating line, as on 5 October 2026.