CM Mohan Yadav Launches Rs. 615 Crore Venture for SMO Ferro Alloys Pvt. Ltd

SMO Ferro Alloys Private Limited, a stalwart in the mining and beneficiation sector, has recently secured several Basemetal and Associated Mineralization Composite Licenses through forward e-auctions conducted by the Directorate of Mines and Geology Regulatory (DMGR). These licenses mark a significant expansion of our operations, allowing us to explore and potentially exploit mineral resources across various blocks.

Investing in industries is not just about economic growth; it’s about investing in people and communities. Through initiatives like these, we build bridges to a brighter future for all.

– Admin

Key Highlights:

  • Honorable CM Dr. Mohan Yadav spearheaded the virtual foundation laying ceremony, underscoring the government’s unwavering support for industrial progress and employment generation.
  • Esteemed dignitaries including Su. Shree. Nirmala Bhuriya, Women and Child Development Minister, and Shree. Guman Singh Damore, MP, graced the occasion, reaffirming their commitment to regional development.
  • The visionary leadership of SMO Ferro Alloys Pvt. Ltd., represented by Managing Director Sayyed Akhtar Ali and directors Sayyed Mohabbat Ali, Sayyed Owais Ali, and Sayyed Murtuza Ali, received commendations for their dedication to industrial excellence.
  • The event garnered widespread appreciation and praise, with BJP District President Bhanu Ji Bhuriya and other dignitaries acknowledging the pivotal role of industries in driving socio-economic progress.

Expansion and Employment Opportunities:

  • SMO Ferro Alloys Pvt. Ltd. is poised for further expansion with a new unit worth Rs. 415 crore in Meghnagar Industrial Area, District Jhabua, heralding employment opportunities for approximately 200 individuals directly.
  • Additionally, the company’s venture in Shivgardh, Tehsil Sailana, with an investment of Rs. 200 crore, is set to create employment avenues for over 150 individuals, further bolstering the region’s economic prosperity.

Witness the highlights in the event video:

The virtual foundation laying ceremony, presided over by Honorable CM Dr. Mohan Yadav, symbolizes the dawn of a new era for SMO Ferro Alloys Pvt. Ltd. and Madhya Pradesh’s industrial sector. With robust expansion plans and a steadfast commitment to socio-economic development, the company stands poised to chart an inspiring trajectory of growth, ushering in prosperity for the region and its populace.