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    <title>Shyam Metalics plans Rs 10k cr capex to increase capacity, Rs 40k cr topline in 2031 vision document</title>
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    <description>Shyam Metalics proposes a Rs 10,000 crore capital expenditure to expand capacity from 15 to 27 million tonnes by 2031 via brownfield projects, technology upgrades, downstream integration and energy efficiency, aiming for improved EBITDA margins and higher exports. The plan includes captive iron ore assets and European technology partnerships to support raw-material security and value-added products, while analysts express scepticism about funding from internal accruals, potential regulatory delays for mine benefits, and the market sensitivity of margin and revenue targets.</description>
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