Jindal India Limited, a major player in India’s steel industry, has announced a strategic investment aimed at increasing its production capacity by 60%. The investment of over USD 180 million will focus on the production of coated flat products, pipes, and other products, adding 0.6 million tons to the company’s existing annual capacity of 1 million tons The expanded production is expected to start in FY2024-25 and be completed in FY2025-26.
The expansion, planned at Jindal’s Ranihati facility in Howrah, West Bengal, is designed to meet the growing demand in sectors such as solar energy and home appliances. The move is also in line with India’s efforts to reduce imports by increasing local manufacturing.
The company aims to further strengthen its position in the market while supporting the country's development vision of 'Viksit Bharat 2047' through innovation and product diversification.
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