07/08/2026
A new milestone in Bihar’s industrial journey as Shakambhari Group – ELEGANT Steel signs a landmark MoU for the establishment of a 2 MTPA Integrated Steel Plant with Captive Power Plant in the state.
With an estimated investment of ₹5,000 Crores, this project will contribute towards industrial development, economic growth, and create 10,000+ employment opportunities, strengthening the foundation of a progressive and self-reliant Bihar.
The MoU signing ceremony was graced by the presence of distinguished dignitaries:
Shri Samrat Choudhary – Hon’ble Chief Minister, Bihar
Shri Bijendra Prasad Yadav – Hon’ble Deputy Chief Minister, Bihar
Sushri Shreyasi Singh - Hon’ble Minister of Industries & Sports, Bihar
Shri Pratyaya Amrit – Chief Secretary, Government of Bihar
Shri Kundan Kumar – Secretary, Department of Industries, Bihar
Shri Mukul Kumar Gupta – Director, Industries Department, Bihar
Shri Deepak Kumar Agarwal – Chairman cm Managing Director, Shakambhari Group
Shri Ankit Mittal – VP – Business Development, Shakambhari Group
Shri Shreeram Kaushik, GM Sales Bihar, Shakambhari Group
Shri Priyesh Priyam – AGM – Sales & Marketing, Shakambhari Group
This landmark initiative reflects our commitment to driving industrial progress, creating opportunities, and contributing towards the growth story of Bihar and India.
Together, we build a stronger tomorrow.