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BMW Industries inks MoU with Ministry of Steel under PLI 1.1 for specialty steel

25 Mar 2025 Evaluate

BMW Industries (BMWIL) has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Production Linked Incentive (PLI) Scheme 1.1 for Specialty Steel. As a qualified beneficiary of the PLI scheme, BMWIL will manufacture ‘coated/plated steel products of metallic/non-metallic alloy’ & ‘Al-Zn Coated (Galvalume)’ products at its upcoming greenfield downstream steel complex in Bokaro, Jharkhand.

BMW Industries is primarily engaged into manufacturing, processing and selling of steel products comprising of engineering and other products and services and activities related to the same.

BMW Industries Share Price

49.32 -2.68 (-5.15%)
14-Aug-2026 16:59 View Price Chart
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