[SMM Iron & Steel] Vidarbha Region of India Receives ₹25,100 Crore ($3 Bil) Investment for Steel Expansion
During the "Advantage Vidarbha 2026" event on February 7, 2026, several major steel and automotive projects were announced for Maharashtra's Vidarbha region. Super Smelters pledged ₹10,100 crore for a new integrated steel plant, while Mahindra & Mahindra committed ₹15,000 crore for automotive facilities that will consume significant local steel. The region is being positioned as a green steel hub due to its high-grade iron ore reserves and potential for renewable energy integration.