JSW Steel and JFE invest ₹5,845 crore to expand CRGO electrical steel capacity in India

JSW Steel Ltd and JFE Steel Corporation announced a joint investment of ₹5,845 crore ($669 million) to expand cold rolled grain-oriented (CRGO) electrical steel capacity at Nashik (to 250,000 TPA) and Vijayanagar (to 100,000 TPA) facilities in India. The expansion is expected to be fully operational by FY2028.

“The investment aims to meet the rapidly growing domestic demand for energy-efficient electrical steel used in transformers, power generation equipment, and other high-efficiency electrical applications.”smsteels.org

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• smsteels.orgJSW Steel and JFE Invest ₹5,845 Crore to Expand CRGO Capacity in India | S M SteelsMukesh SekarAug 6, 2025

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