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Jindal Advanced Materials (JAM) has partnered with Italian MAE to establish a carbon fiber facility in India with an initial capacity of 3,500 MT per year, expandable to 10,000 MT by 2027. The ₹2,700 crore plant is expected to be operational within 30 months.
MAE S.p.A. and Jindal Advanced Materials signed a Project Framework Agreement to establish a carbon fiber plant in India, covering the entire value chain from PAN-precursor to carbon fiber composites. The project is expected to be operational within 30 months.
| Site | Largest | Latest |
|---|---|---|
| India | $324.0M | 2024-04-02 |