Kolkata/IBNS, Aug. 27 -- Anil Balaji Steel, which completed five decades of operations, on Friday unveiled its expansion roadmap, announcing plans to enter Odisha and Uttar Pradesh and target a turnover of over Rs 500 crore by 2030.

The company plans to invest around Rs 200 crore to strengthen its presence in the domestic market and expand its manufacturing capacity. Founder and Chairman Anil Kumar Agarwal said the company is on the verge of acquiring factories in Odisha and Uttar Pradesh as part of its expansion strategy.

Balwant Ray Agarwal, Head of Productions of Anil Balaji Steel and actor Abir Chatterjee unveiling the website of Anil Balaji Steel.

The company also plans to increase its workforce from the current 175 employees to m...