Hotline: 1800 102 2007
X
Search Business Opportunities
Sep, 03 2018

JSW Steel is planning to expand Vijayanagar plant capacity to 18 mn tonnes a year

Sajjan Jindal, Chairman and Managing Director of JSW Steel, said, "Our plan is to take to the next step to 18 MTPA from 13 MTPA."

JSW Steel, a leading integrated steel manufacturer, is planning to expand the capacity of its manufacturing plant in Vijayanagar, Karnataka, to 18 million tonnes per annum (MTPA). Currently, the plant has a 12 million tonnes per annum capacity. 

Sajjan Jindal, Chairman and Managing Director of JSW Steel, said, "Our plan is to take to the next step to 18 MTPA from 13 MTPA." 

JSW Steel, in June, had announced its plans to invest Rs 7,500 crore at its Vijayanagar facility until March 2020. The company made the announcement to increase the production capacity of the plant to 13 MTPA.

Vinod Nowal, Deputy Managing Director of JSW Steel, also said that the company is planning to expand the capacity of Vijayanagar facility to 18 MTPA. He further added that JSW Steel is planning to spend around Rs 43,000 crore in the next three years in these expansions, besides downstream facilities.

JSW Steel is a part of the diversified $13 billion JSW Group. The company’s plant at Vijayanagar is the largest single location steel producing facility in the country.

Comment
image
Related opportunities
  • Car wash / Ceramic Coating / Detailing
    About Us: Across the globe, 3M is inspiring innovation and igniting..
    Locations looking for expansion Delhi
    Establishment year 1950
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Others Health Care & Fitness
    About Us: Tecfit20, a venture of emtstecfit20 pvt ltd, is the..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Diet Consultancy
    About Us: Healthcare KPO is the pseudo name used in place..
    Locations looking for expansion Uttar pradesh
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size
    Space required 800
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater noida Uttar pradesh
  • Lingerie & Innerwear
    About Us: Trylo Inner Luxury - the name says it all...
    Locations looking for expansion Gujarat
    Establishment year 1992
    Franchising Launch Date 2014
    Investment size Rs. 20lac - 30lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Surendranagar Gujarat
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities