Reportedly, Rashmi Group is set to invest Rs 100 billion to set up a 2.8 million tonne per annum integrated steel plant and a 400 MW captive power plant at Purulia, West Bengal.
The West Bengal government has allotted 938 acres of land for the project. The proposed development is part of a broader expansion strategy that includes iron and steel, power, ferro alloys, and mining sectors. The group stated that the project aligns with the West Bengal government’s agenda for inclusive, industry-led development.