Investment Worth Rs 850 Crore Planned By Shyam Metalics
Integrated metal producing company Shyam Metalics has decided to invest Rs 850 crore in the current fiscal as part of its Rs 2,960-crore capital expenditure plan. Investment is a part of the plan to double its steel-making capacity and foray into the aluminum foil sector.Â
The firm has also planned to rope in Bollywood superstar Salman Khan to promote its TMT bar brand Shyam Sel for two years.