JSW-JFE to Invest ₹5,845 Cr in Steel Expansion

  Published 10 months ago

JSW Steel and JFE Steel to invest ₹5,845 crore to boost CRGO steel capacity to 350,000 TPA in India.

  • Expansion will take place across two Indian plants, focusing on cold-rolled grain-oriented (CRGO) electrical steel production.
  • Total investment amounts to $669 million, strengthening India’s domestic electrical steel manufacturing capability.
  • The move supports rising demand for transformers and power equipment amid India’s energy and infrastructure growth.

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