# JSW Steel and JFE Steel form JV for CRGO electrical steel in India

JSW Steel and JFE Steel agreed to form a 50:50 joint venture to manufacture cold-rolled grain-oriented electrical steel (CRGO) in Vijayanagar, Karnataka, India, with an estimated project cost of INR 5,500 crore ($664.81 million).

- Type: Partnership
- Announced: 2023-08-03
- Where: Vijayanagar, Karnataka, India
- Value: $664.8M
- Status: announced
- Products: cold-rolled grain-oriented electrical steel (CRGO)
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JFE Steel Corporation](https://endata.com/companies/19688.md) (partner)
- [JSW Steel](https://endata.com/companies/22727.md) (partner)

## Sources

- [seaisi.org](https://www.seaisi.org/details/23271?type=news-rooms), 2023-08-03: "The JV will be able to manufacture the entire range of CRGO products at its proposed facilities in Vijayanagar, Karnataka."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.