New Delhi: Jindal India Limited, a key player in India's downstream steel sector, has unveiled plans for a strategic capacity expansion worth over Rs 1,500 crore. This investment will increase the company’s production capacity by 60 percent, adding 0.6 million MT to its current annual capacity of 1 million MT. The new capacity will focus on coated flat products, pipes, and crash barriers, with production set to commence in FY'25 and full completion by FY'26.
The expansion, located at Jindal’s Ranihati facility in Howrah, West Bengal, is designed to meet growing demand in segments like solar and home appliances, and to contribute to India's import substitution efforts. The company also aims to modernize its production of hollow section pipes for construction and crash barriers for highways.
Jindal India Limited's spokesperson highlighted the alignment of this expansion with the government's infrastructure goals, reinforcing the company’s commitment to innovation and market leadership. The firm aims to support India's broader development vision, ‘Viksit Bharat 2047,’ by further strengthening its market presence and diversifying its product portfolio.
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