Top companies in Durgapur

In the past few years, Durgapur in West Bengal has witnessed rapid economic growth and has earned itself the reputation of an industrial hub. From chemical industries to steel and power industries, the city has it all. The growth of these industries has attracted several foreign investments and opportunities for India as well, while they support small businesses and help the overall economy of the city. It is due to the set-up of industries that Durgapur has seen such a huge transformation. 

 

Business landscape of Durgapur

Durgapur is mainly known for its heavy industries and manufacturing plants. The city boasts some of the top steel industries in the country, which are also the major contributors to the economy. It has a huge number of ancillary units and a broad range of industries that manufacture machinery, equipment and components for other sectors such as automotive, aerospace, defence, logistics, etc. While manufacturing industries dominate the city’s business landscape, there has been a rise in the retail and commerce sector of the city as well as the infrastructural sector. Over the past few years, Durgapur has witnessed a rapid growth of small and medium-sized enterprises that have contributed significantly to the city’s economy. 

 

List of top companies in Durgapur

SRMB Steel

Company type: Private

Industry: Steel manufacturing 

Location: Sagarbhanga, Durgapur, West Bengal 713211

Founded in:1951

SRMB is a prominent and well-established steel industry in Durgapur. The company manufactures good quality Thermo-Mechanically Treated (TMT) bars that are reliable and durable. The company also offers customised services according to the client’s needs and lays a strong emphasis on the quality check of its products. The company is one of the top steel providers in Durgapur and caters to a diverse range of sectors, including real estate, housing, construction, infrastructure, etc.

 

Jai Balaji Industries

Company type: Public

Industry: Steel and Power

Location: Durgapur, Banskopa, West Bengal 713212

Founded in: 1999

Jai Balaji Industries is a steel and power company that significantly contributes to the steel demands of various sectors. Some of the products manufactured by the company include TMT bars, rods, structural materials, etc. The company is also successful in the power sector and operates various power plants. The company impacts a wide range of sectors, such as energy, construction, infrastructure, housing, etc. 

 

Steel Authority of India Limited (SAIL)

Company type: Public

Industry: Steel and Power

Location: Industrial Area, Durgapur, West Bengal 713203

Founded in: 1973

Steel Authority of India is one of the largest steel manufacturing plants operating in Durgapur. The plant is known to have brought an industrial revolution in India and has played a major role in improving the country’s economy. The company produces a broad range of steel products for the automotive, construction, railways, energy and infrastructure industries. Moreover, the industry has modern technology that includes blast furnaces, oxygen plants and casting machines that help in the production of good quality steel that meets the market standards. 

 

Alloy Steel Plants 

Company type: Public

Industry: Steel manufacturing 

Location:  Industrial Area, Durgapur, West Bengal 713208

Founded in: 1965

Alloy Steel Plants in Durgapur is a unit of the Steel Authority of India and has established a unique name for itself in the metal manufacturing industry. The company manufactures high-quality, corrosion-resistant steel using cutting-edge facilities, catering to sectors like energy, defence, automotive, aerospace, machinery and engineering. The company is mainly focused on producing good quality specialised products and military equipment for the defence sector.

 

Shyam Steel Industry

Company type: Private

Industry: Steel

Location: Burdwan District Angadpur Raturia, Industrial Area, Durgapur, West Bengal 713215

Founded in: 1953

Shyam Steel Industry in Durgapur is involved in a number of processes, including ore mining, rolling mills, steel making, downstream processing, etc. The industry takes part actively in the entire steel manufacturing process, from mining to the final product. It is recognised for producing high-quality, durable TMT bars that make the buildings stronger and earthquake-resistant. 

 

Unison Automation Technologies

Company type: Private

Industry: Automation

Location: City Center, Durgapur, West Bengal 713216

Founded in: 2004

Unison Automation Technologies is a well-established industry in the field of automation, providing greater efficiency, productivity and quality through its services. The company aims to integrate the Internet of Things (IoT) into the industrial process, introducing automation, machine learning and robotics. The industry, through its extensive research and optimised operations, helps businesses improve their efficiency and productivity by providing them real-time data analytics and predictive maintenance. The industry caters to a diverse range of sectors such as manufacturing, food and beverages, logistics, pharmaceuticals, energy, etc.

 

Philips Carbon Black

Company type: Public

Industry: Carbon black manufacturing 

Location: Industrial Area, Durgapur, West Bengal 713201

Founded in: 1960

Philips Carbon Black is another industry in Durgapur that specialises in producing premium quality carbon products and caters to a diverse set of industries. The company produces high-quality carbon blacks, which are used to improve the performance of materials like rubber and plastic. The industry also produces specialised carbon products depending upon the client’s requirements, and it is among the best carbon black manufacturers in India. 

 

Durgapur Chemicals 

Company type: Public

Industry: Chemical manufacturing 

Location: Industrial Area, Durgapur, West Bengal 713215

Founded in: 1963

Durgapur Chemicals is a chemical industry that produces numerous chemicals and chemical products, catering to several other sectors. Some of the products manufactured by the company include phenol and acetone, which are widely used in the pharmaceutical sector; formaldehyde, which is used to make adhesives and resins for the wood and paper industry; resins and adhesives, agricultural chemicals as well as customised solutions according to the client. The company is one of the leading chemical manufacturing companies in Durgapur. 

 

Bharat Heavy Electricals 

Industry: Power, Green Energy

Company Type: India’s Top 500

Location: Salt Lake City, Kolkata-700 091.

Founded in: 1964

Bharat Heavy Electricals Limited (BHEL) is one of India’s largest and oldest engineering and manufacturing companies. Founded in 1964, BHEL primarily focuses on the design, engineering, manufacturing, construction, testing and commissioning of various products and systems for the power, industrial and transportation sectors.

 

JSW Steels

Industry: Iron and Steel

Company Type: India’s Top 500

Location: Parashar Road, Durgapur – 713205

Founded in: 1952

JSW Steel is one of India’s leading integrated steel manufacturers and is part of the  JSW Group. Founded in 1982,  JSW Steel is known for its significant presence in the steel industry, including the production of a wide range of steel products, from flat and long products to value-added steel.

 

Tata Steel

Industry: Iron and Steel

Company Type: India’s Top 500

Location: Angadpur, Durgapur Bardhaman  713215

Founded in: 1907

Tata Steel is one of the world’s leading steel manufacturing companies. It is a subsidiary of the Tata Group, established in 1907. It is known for its diverse range of steel products, including flat, long, and value-added steel. The company has a global presence in several countries, including India, the United Kingdom, the Netherlands, Thailand and Singapore. It is one of the largest steel producers in Europe.

 

Impact of industries in Durgapur

Durgapur accommodates a diverse range of manufacturing industries, which have proven to be crucial for the city’s development. These industries have fostered greater economic growth and have provided a huge number of employment opportunities to the local population. The cluster of industries present in Durgapur helps small and medium-sized enterprises by supplying them with essential raw materials at lower rates. Moreover, these industries promote infrastructural development, which is beneficial for the city. It is due to the presence of these industries that Durgapur has transformed from a small town to a major industrial hub that attracts investors and brings economic prosperity to the city. 

 

Real estate demand in Durgapur

Industries in Durgapur have significantly increased the demand for commercial real estate as they require huge space not just for their manufacturing units but also for their offices, retail outlets, etc. The setting up of these industries has resulted in major infrastructural developments and urbanisation, which has led to an increase in the property rates in the nearby areas. 

The establishment of industries in Durgapur has led to a huge increase in employment opportunities, and these opportunities often invite people from other states. This workforce often lives in rented apartments and complexes instead of buying properties. The gradual increase in population over the years due to these industries has also led to people buying housing properties to permanently settle in the city, again increasing the demand for properties. 

 

FAQs

Which industry is famous in Durgapur?

Durgapur is dominated by steel and metal plants; major steel companies have their plants in Durgapur.

Which is the best steel company in Durgapur?

SAIL has an integrated steel plant in Durgapur, and it’s one of the biggest exporters.

Does Durgapur have chemical industries?

Yes, Durgapur is home to some chemical companies, namely Durgapur Chemicals and Rudra Chemicals.

Do steel industries in Durgapur export steel to the international market?

Yes, most of the steel industries in Durgapur export steel to international markets.

How do the steel industries of Durgapur affect local people there?

Steel industries provide mass employment to locals, and they are a good source of revenue for the government, which in turn affects people’s welfare.

What are the major sectors in Durgapur?

Durgapur houses a large number of manufacturing industries like the Durgapur Steel Plant, Alloy Steel Plant, And Shyam Steel Industry.

What are the investment opportunities in the industrial sector of Durgapur?

Durgapur is a prime location for industries, so investing in Durgapur is very recommended even though the investment required is very high.

What are the profit margins in the steel and chemical industry?

The profit margins for steel and chemical industries are 15% and 19%, respectively, with variations due to economic factors.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com