Steel

Jindal India to invest over ₹1,500 Cr in steel business expansion

Jindal India Limited, a leading player in India’s downstream steel sector, announced a major capital investment of over ₹1,500 crore to enhance its production capacity. The investment will increase the company’s steel production by 60%, adding 0.6 million metric tons (MT) to its current capacity of 1 million MT annually. The strategic expansion aligns with the Indian government’s infrastructure development initiatives.

The investment is part of Jindal India Limited’s ambitious plan to expand its product offerings, with a primary focus on coated flat products, pipes, and crash barriers. The new lines will be operational by FY 2025, with full capacity expected by FY 2026.

The project will boost the company’s ability to produce crash barrier products and hollow section pipes, vital for the construction sector. The expansion will also target the solar and home appliance markets, aiming to reduce imports and support India’s push for self-reliance in key industries.

In a statement, a company spokesperson said, “Our expansion is aligned with the government’s focus on infrastructure development. The increased need for highway safety components, such as crash barriers, is an area where Jindal India adds value. Additionally, we plan to grow our presence in new sectors like solar, utilizing our products for solar mounting structures.”

The expanded production lines will be housed at the company’s manufacturing facility in Ranihati, Howrah, West Bengal. Leading global machinery suppliers, including John Cockerill and Esmech Equipment (SMS Group), will provide the necessary equipment for the new facilities.

Jindal India Limited, founded in 1952 as part of the BC Jindal Group, is diversifying its product range to capture new opportunities in the steel sector. The BC Jindal Group, with a turnover exceeding ₹18,000 crore, operates across industries such as packaging films, energy, and steel products.

The company’s state-of-the-art factories in Howrah already feature advanced technologies in colour coating, galvanizing, and galvalume. Jindal India serves both domestic and international markets, exporting to regions from Latin America to the Far East.

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