Kolkata-based Berry Alloys to invest ₹1,200 crore in steel, metals complex in Vizianagaram
Kolkata-based Berry Alloys Limited is investing ₹1,200 crore to establish an integrated manganese and steel materials complex in Vizianagaram, Andhra Pradesh. The project, which includes a DRI plant and captive power facility, is expected to create over 800 jobs and support India's growing steel production capacity.
Why it matters
This investment aligns with India's National Steel Policy goals to double steelmaking capacity by 2030 and strengthens the domestic industrial value chain.
Berry Alloys Limited (BAL), a Kolkata -based bulk ferro alloy manufacturer, is investing ₹1,200 crore in an integrated manganese and steel materials complex at the Bobbili Growth Centre in Vizianagaram district.
The article reports on industrial development and government policy in a factual, neutral manner without emotive language.
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