Magnus Steel and Infra, an emerging steel trading and infrastructure supply companies, has been empanelled as an approved steel supplier for the upcoming automobile manufacturing projects of Tata Motors in Gujarat and Maharashtra.
The company has already commenced supplies through RIECO Industries, the project contractor for the facilities. It has received multiple purchase orders for the supply of steel products to support construction and infrastructure development at the project sites.
The company has already executed orders worth about ₹8 crore in last two months and is presently undertaking further deliveries for the ongoing projects.
In addition, Magnus Steel and Infra expects an additional order pipeline of nearly ₹24 crore to be released in multiple phases during FY27 based on the progress of construction activities, taking the total estimated engagement size to around ₹32 crore. Supplies are currently being executed in line with the phased construction schedule of the manufacturing facilities, said the company.
With this development, the company has marked its entry into the automotive manufacturing infrastructure segment, further strengthening its presence in India’s industrial supply chain ecosystem.
Karronn Naresh Bajaj, Managing Director, Magnus Steel and Infra said the engagement in projects linked to Tata Motors reflects the progress the company has made in strengthening industrial supply capabilities.
“We remain focused on timely execution, maintaining quality standards and building long term relationships across the manufacturing and infrastructure sectors,” he added.