STATE TIMES NEWS
Kolkata: Shyam Steel on Wednesday announced its plan to expand retail operations in Jammu & Kashmir and Punjab as the 3,000-crore company is aspiring to become one of the leaders in the primary TMT bar segment in north India.The steelmaker has embarked on the expansion mode despite disruptions caused by the COVID-19 pandemic and will strengthen its distribution network for TMT bar, a construction material.“We are on a major expansion drive to revamp our retail business operation across the country. We are starting our expansion in Jammu & Kashmir and Punjab which have huge growth potential. The policy shift of the government will boost development and help the industry grow in the Kashmir region,” Shyam Steel director Lalit Beriwala said.The company also plans to expand its footprint in Himachal Pradesh and Haryana.The TMT bar manufacturer said its retail operations have been expanded to Kathua, Samba, Udhampur, Reasi, Rajouri, Poonch, Doda, Ramban, Baramulla, Srinagar, Pulwama, Shopian, Ganderbal and Budgam in Jammu & Kashmir.“We are looking to become one of the leaders in the primary TMT bar segment in North India,” he said.The company will look to create a base of 5,000 MTs through 500 retail outlets covering Punjab, Jammu & Kashmir, Himachal Pradesh and Haryana in north India.Shyam Steel has roped in Olympic medallists boxer Lovlina Borgohain and India hockey team captain Manpreet Singh as its “Build India” brand ambassadors, in addition to Bollywood actor Sonu Sood.These associations will help elevate the brand value of Shyam Steel in the markets, the company added.
Indian Legal Lottery Operator Competing for Top British Contract
Ladakh reports 33 new Covid cases
Anti-inflammation drug may effectively treat COVID-19 complications in children: Study
Apple previews new software for iPhone, other gadgets
No proposal to recognise Bitcoin as a currency: FM
Rupee sees high volatility as worries resurfaced around new COVID strain
Petrol, diesel price to fall only on sustained drop in international oil prices
Gold climbs Rs 570; silver zooms Rs 190
Gold rallies Rs 195; silver climbs Rs 569
Download 10Cric Casino app, and enjoy Indias most popular casino games, directly on your mobile!
Gamble with real money online! Play Indias favourite casino games at 7Jackpots.com, Indias most trusted online casino site.
© 2020 State Times Daily Newspaper | Powered by Ideogram Technology Solutions [P] Ltd.