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Magnus Steel approved for Tata Motors plants in Gujarat and Maharashtra with Rs 32 50 crore order

Business
Published on 12 May 2026
Magnus Steel approved for Tata Motors plants in Gujarat and Maharashtra with Rs 32 50 crore order

Approved supplier status, but orders are already moving

Magnus Steel and Infra has been listed among approved steel suppliers for Tata Motors’ upcoming manufacturing facilities in Gujarat and Maharashtra. The company has started supplying materials via RIECO Industries Ltd, signaling early traction ahead of larger follow-on orders. Total engagement is estimated at about Rs 32.50 crore, with additional supply orders expected as projects ramp up.

  • Magnus Steel and Infra gains approved supplier status with Tata Motors
  • Supplies have already started through RIECO Industries Ltd
  • Tata Motors plants span Gujarat and Maharashtra
  • Estimated engagement size is around Rs 32.50 crore
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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