Magnus Steel discloses receipt of purchase orders from RIECO Industries for supplying steel to Tata Motors' new manufacturing plants.
Orders executed in March-April 2026 total 1,200 MT worth ₹8.50 crores, with additional pipeline of ₹24 crores for FY 2026-27.
The engagement represents a material revenue increase, with total estimated order book of ₹32.50 crores from this single project.
Company was empaneled as approved steel supplier after completing qualification process, marking entry into automotive OEM supply chain.