Rashmi Group to Invest ₹10,000 Crore in Purulia for Integrated Steel and Power Plant

In a major boost to West Bengal’s industrial landscape, Kolkata-based Rashmi Group has announced plans to set up a 2.8 million tonne per annum (MTPA) integrated steel plant and a 400 MW captive power plant in Purulia.

The West Bengal government has allotted 938 acres of land for these projects, which are expected to bring in ₹10,000 crore in investments and generate over 18,000 employment opportunities, both direct and indirect.

According to the company’s statement, this initiative is part of Rashmi Group’s expansion and diversification strategy, strengthening its presence across iron and steel, power, ferro alloys, and mining sectors.

With a strong industrial footprint across Kharagpur, Jhargram, and other districts of West Bengal, Rashmi Group already provides employment to around 50,000 people, contributing significantly to the state’s industrial ecosystem.

“The Group’s growth is deeply aligned with the West Bengal government’s vision for an inclusive industrial-led development,” said L. B. Chourasia, Joint President of Rashmi Group.

The upcoming integrated plant in Purulia is expected to accelerate industrialization in western West Bengal, promoting balanced regional growth and enhancing Bengal’s position as a key hub for manufacturing and infrastructure development.

This announcement adds to the growing list of large-scale industrial investments across the state, reaffirming West Bengal’s emergence as a prime destination for business and innovation.