Super Smelters to invest Rs 10,000 crfor setting up steel plant in Vidarbha

Business Reporter :

The company representatives will sign a memorandum of understanding with the Maharashtra Government on the proposed investment on the opening day of ‘Advantage Vidarbha 2026 – Khasdar Audyogik Mahotsav’ on Feb 6

Iron ore rich Gadchiroli may soon attract yet another major steel player as the Kolkata-based steel manufacturer Super Smelters Ltd scouting for a suitable location for its proposed unit. The company, which is in advanced stages of investing Rs 10,000 crore in the region, is looking forward to setting up steel manufacturing in Gadchiroli, Chandrapur or Wardha. Ashish Kale, President of Association for Industrial Development (AID) on Monday, said that the company representatives will sign a memorandum of understanding (MoU) with the Maharashtra Government on the proposed investment on the opening day of ‘Advantage Vidarbha 2026 – Khasdar Audyogik Mahotsav’ on February 6. Super Smelters LTD, is the flagship company of Sai Group.

The Sai Group owns brands like Supershakti Metaliks Ltd, Giridhan Metal Pvt. Ltd, Sai Sponge (India) Pvt. Ltd and Sai Electrocasting Pvt. Ltd. It has production facilities at Durgapur and Jamuria in West Bengal, Chaibasa and Koderma in Jharkhand and Sabalpur in Bihar. Super Smelters is a public limited company, which was established in 1995. It manufactures basic iron and steel and markets its product under the brand Supershakti. Super Smelters also manufactures and markets wire rod, structural steel of various sizes, silico-manganese, ferro alloys, ferro chrome, billets, pellets, MS pipes, HR coils etc., and has placed itself in the market as the most dependable brand meeting national and international parameters in strength, flexibility and dependability.

As per the sources, many other steel manufacturers are also interested in setting up steel plants in different districts of Vidarbha like Gadchiroli, Chandrapur and Wardha. Some of the leading companies that are showing keen interest in starting new ventures include Jayaswal Neco, Universal Group, Sarda Steel, Tata Steel among others. Gadchiroli is blessed with high-grade iron ore, holding roughly 178 million tonnes. This is attracting many big players.