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BMW Industries Limited has secured ₹500 Cr in debt from a consortium led by SBI, HDFC Bank, and Yes Bank. This funding will finance its new Greenfield Downstream Steel Complex in Bokaro, Jharkhand. The project aims to expand the company's downstream steel processing capacity, with phased operations starting early FY27. It will add significant annual production capacity for Cold Rolled, Galvanized, and Color Coated Coils/Sheets. This strategic expansion is set to meet strong domestic demand and enable export opportunities, bolstering BMWIL's position in the steel value chain and supporting its long-term growth.