BMW Industries has entered into an agreement with Tata Steel (TSL) for the conversion of CC billets into TMT rebars at its steel processing center at NH-6 in Kolkata. The agreement includes a price variation clause and is long-term in nature and will be in effect between TATA Steel and BMWIL till September 30, 2025. BMWIL has developed the capabilities to provide its clients with 360-degree services from processing to logistics services.

The company's present capacity utilization at the facility is about 40 % and with this agreement with TSL the capacity utilization is expected to increase resulting in improved revenue and profitability. The company has a long association of over 3 decades with Tata Steel Limited (TSL) and during this journey, has set up many processing/manufacturing facilities for TATA Steel.