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Business and Economy of Bhilai

Known to be the ‘Industrial Cubo’ and ‘Steel City of Central India’, Bhilai enjoys the status of being one of the most industrially developed cities in India. This can be attributed to the establishment of the massive Bhilai Steel Plant in the city by the Indian Government with the assistance of USSR. This Steel Plant has helped transform the remote cluster of villages into the present day Bhilai, one of the most planned and developed cities of the world.

Economy of Bhilai

Apart from being the prime contributor to the economy of Chhattisgarh, the Bhilai Steel Plant has also paved way for the establishment of a number of business and industrial units in the city of Bhilai.Today the city with handsome presence of many large, medium and small scale industries and is contributing a lot in making Bhilai one of the most developed regions in Chhattisgarh.

Mineral and Natural Resources In and Around Bhilai

The prime factor that guides the industrial development of any region is the availability of raw materials and natural resources. The location of Bhilai city is such that almost all the raw materials required for the industries are available its vicinity. The important mineral resources found in Bhilai and its surroundings include iron ore, dolomite, manganese, graphite, limestone, fluorite, building stone, lead etc. Limestone, for cement making factory is found in large quantities in the industrial complex. Dolomite is found near Bhatpara, while bauxite occurs near Korba. Iron ore deposits in Dilli Rajhara and coal deposits in Korba fields are major raw materials for the Bhilai Steel Plant. Graphite, calcite, fluorite available in nearby areas, serve as raw materials for the steel plant. A number of other industries like engineering works, IT Companies, Mining, heavy machinery, textile and garments, chemical based industries etc.

Industries in Bhilai

Industries in Bhilai

Due to favorable location and availability of raw materials, the city of Bhilai is home to a number of large scale, medium scale as well as micro and small enterprises. The industries are mainly concentrated in Industrial Estate, Light Industrial Area and Heavy Industrial Area in Bhilai. The economy of Bhilai is mainly dependent on the Bhilai Steel Plant that has the potential to generate lot of employment opportunities as well as micro and small units to come up.

Bhilai Steel Plant

Bhilai Steel Plant, established in 1959, is a unit of Steel Authority of India Ltd (SAIL) is among the biggest steel plants in India, with an annual production of about 3 million tonne of saleable steel. It manufactures steel products like India’s longest rail tracks, construction materials, railway sleepers, heavy steel plates, wire rods etc. Awarded with Prime Minister's Trophy for best Integrated Steel Plant in the country for eleven times, and several other accreditations including ISO 9001:2000 Quality Management System Standard, IS0:14001 for Environment Management System, SA: 8000 certification for social accountability, OHSAS-18001 certification for Occupational safety, CII-ITC Sustainability award and many more, this plant plays a pivotal role in the economic as well as industrial development of Bhilai city. Constructed with the objective of providing employment to the rural and tribal population in Chhattisgarh, the Bhilai Steel Plant employs 55, 000 permanent workers and is one of the most profitable industries in the public sector of India.

Bhilai Engineering Corporation

Founded in 1960, Bhilai Engineering Corporation is a successful diversified company in India, dealing with processed food, engineering, foundry, EPC, fertilizer, industrial equipment etc. It serves a number of industries including those dealing with steel, cement, mines, heavy industries etc. The BEC Steel foundry in Bhilai specialises in Railways, Mines, Palletizing Plants and other specialized Manganese Steel Castings, thus contributing to the city’s economy.

Bhilai Engineering Corporation

Bhilai Engineering Corporation
Address: Hathkhoj Village, Industrial Area, Bhilai – 490026
Phone No: +91 788 4088100
Email: becinfo@bec-group.com
Website: www.bec-group.com

Simplex Casting Ltd, Bhilai

It is a renowned foundry with an annual production capacity of about 28000 MT. It deals with heavy engineering castings, for industrial sectors like steel plants, power plants railways, mines, cement, chemical, oil, defense, sugar, machine tools, heavy valves & pumps castings, ship building etc, a considerable proportion of which is exported. Equipped with the latest technology, testing facilities, labs and machines, it aims in developing new products, keeping in mind the satisfaction of the customers.

Simplex Castings in Bhilai

Simplex Casting Ltd
Address: Plot No. 32, Shivnath Complex, G.E. Road, Supela, Bhilai- 490023
Phone No: 0091-788-2290483, 2290484, 2290485, 0091-788-2285664
Email: sclho@simplexcastings.com

Large Scale Industries or Public Sector Undertakings in Bhilai

  • Bhilai Steel Plant (PSU), Govt of India Undertaking
  • Simplex Casting Ltd, Bhilai
  • Hariom Inguts & Power Plant, Bhilai
  • Niroj Ispat Plant, Bhilai
  • J. P. Cement, Bhilai

Medium scale enterprises in Bhilai

  • Simplex Engineering & Foundry, Bhilai
  • Vasloh BK Engineering Costing Ltd., Bhilai
  • Bhilai Engineering Corporation, Bhilai
  • Key Stone Industries Ltd, Bhilai
  • Ferro Scrap Nigam , Bhilai
  • Pilaniya Industries PL, Bhilai
  • B. K. Engineering Corporation, Bhilai
  • Vasleh B.K. Casting Ltd Unit-II, Bhilai

Micro and Small Scale Enterprises in Bhilai

There are a number of micro and small scale industries coming up in Bhilai, some of which are metal-based engineering units that supply small parts of machinery; to the Bhilai Steel Plant, these enterprises are encouraged by the government . Apart from these, Bhilai has tremendous potential for MSMEs that are yet to be put into use. Agencies like District Trade & Industries Centre (DTIC) in Durg encourage entrepreneurs and provide them with the necessary assistance to set up businesses in Bhilai.

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