Jindal India Ltd. to invest INR 1,500 crore to expand steel capacity

Jindal India Limited announced a capex of over INR 1,500 crore to expand capacity by 0.6 million MT (60% increase) at its Ranihati, Howrah facility. The expansion focuses on coated flat products, pipes, and crash barriers, with production starting in FY'25 and completion by FY'26.

“Our strategic expansion is in line with government's thrust for infrastructure development.”newsmantra.in

• 1 source
• newsmantra.inBC Jindal Group Co, Jindal India Ltd. to invest over INR 1,500 Crore to expand Steel BusinessNewsmantraSep 23, 2024

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