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Jindal Stainless Ltd announced a Rs 5,400 crore investment plan including: Rs 3,350 crore for downstream expansion and infrastructure at Jajpur, Odisha; Rs 700 crore for a 49% stake in a stainless steel melt shop JV in Indonesia (1.2 MTPA); and Rs 1,340 crore for a 54% stake in Chromeni Steels Pvt Ltd (0.6 MTPA cold rolling mill in Mundra, Gujarat).