Over Rs 1,785 cr will be invested by TCIL to establish a manufacturing facility in Jamshedpur.

Ranchi: On Friday, the Tata Steel subsidiary The Tinplate Company of India Ltd. (TCIL) announced that it would invest Rs. 1,787 crore to build a 3-lakh-tonne-per-year manufacturing facility in Jamshedpur, Jharkhand. According to TCIL, the facility, an expansion project, is expected to create roughly 600 direct and indirect job opportunities when it is completed in 2026.
At a ceremony to commemorate the end of the fourth year of the JMM-led government in the state, an agreement was signed in this regard between the company and the Jharkhand government.
"... This landmark MoU heralds the establishment of a cutting-edge 300,000 Tonnes per Annum (TPA) manufacturing facility in Jamshedpur, backed by an investment of approximately Rs 1,787 crore," a statement from TCIL read.

According to the statement, the facility will support the state's industrial growth by enhancing Tinplate's manufacturing capabilities with cutting-edge technology and automation. It will also make a significant contribution to both domestic and export markets.

"We are committed to partnering with the Jharkhand Government and local communities to promote economic and social development, including job creation, increased revenue, and skill development opportunities for the local workforce," said Managi, R N Murthy.

The main products that TCIL offers are Tinplate and Tin Free Steel, which are used as packaging substrates for a variety of industries. These industries include those that make bottle crowns, edible oils, paints and pesticides, processed foods, batteries, and aerosols.

In April, TCIL's expansion project in Jamshedpur held groundbreaking ceremonies, in which Chief Minister Hemant Soren participated.