With India’s infrastructure investments expected to grow demand for crash barriers by 25% annually, Shyam Metalics is well-positioned to expand its presence, the company said in a filing.
With an investment of ₹50 crore and production capacity of 60,000 MTPA, a new Crash Barrier manufacturing facility is planned for Sambalpur to serve the South and West markets.Additionally in FY 2026–2027, the company plans to expand its product portfolio at Giridih in its Phase 2 with an additional investment of ₹50 crore, diversify production into Transmission Line Towers, Railway Electrification Structures, Solar Panel Structures, Lighting Poles, etc.
“The launch of our crash barrier unit marks a significant step in strengthening India’s road and railway safety. With a 24,000 MTPA annual capacity and 150 professionals driving precision and innovation, we are confident of achieving an 8-10% market share in the coming fiscal. This business alone has the potential to add nearly 50% more value to our Giridih operations in the next few years,” said Brij Bhushan Agarwal, Chairman and Managing Director at Shyam Metalics.
Currently, the company is catering to projects for Indian Railways and National Highways. Over the next fiscal year. Shyam Metalics intends to investigate exporting to the Middle East, Europe, and Africa in the future.
Shares of Shyam Metalics and Energy Ltd. ended Wednesday’s session 1.09% lower at ₹920.05. The stock has risen 24% so far this year.