Jindal (India) Limited, a key player in India’s downstream steel sector and part of the BC Jindal Group, has received the green light to set up a state-of-the-art steel manufacturing facility in Odisha. The company’s wholly owned subsidiary, Jindal India Steel Tech Limited (JISTL), secured the Letter of Approval (LoA) during the High-Level Clearance Authority (HLCA) meeting chaired by Odisha Chief Minister Shri Mohan Charan Majhi.
The upcoming greenfield project in Dhenkanal will see an initial investment of ₹3,600 crore, forming the first phase of a larger ₹15,000 crore investment plan spread over three phases by 2030.
The facility will focus on the production of special coated steel products and will include a Cold Rolling Mill (CRM), a Continuous Galvanising Line (CGL), and a Colour Coating Line (CCL). These facilities will produce multiple high-potential downstream products, with a total capacity of 9.6 lakh metric tonnes (MT) annually. The first phase is expected to be commissioned by 2027.
By 2030, the Odisha plant’s capacity will be ramped up to 30 lakh MT annually in the flat product division. Additionally, JISTL will establish a steel pipe manufacturing unit with a projected capacity of 2 lakh MT per annum.
A company spokesperson emphasised that this move supports the government’s Atmanirbhar Bharat mission and contributes to the broader national vision of a Viksit Bharat by 2047. “The new facility will not only boost domestic manufacturing and reduce dependence on imports but will also create significant employment opportunities in Odisha,” the spokesperson added.
Jindal (India) Limited already operates two advanced factories in Howrah, West Bengal, with capabilities in colour coating, galvanising, and galvalume technology. Known for its popular brands like Jindal Sabrang and Jindal NeuColour+, the company holds a strong position in the colour-coated steel sheets market, particularly in Eastern India.
The company had earlier announced a ₹1,500 crore investment in FY25 to expand steel production capacity, with completion scheduled for FY26. The latest project underscores its commitment to India’s steel sector and aligns with its long-term strategic growth plans.
