Hotline: 1800 102 2007
Hotline: 1800 102 2007
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 is planning to expand Vijayanagar plant capacity to 18 mn tonnes a year

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.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: The Jaipuria family's association in the field of education..
    Locations looking for expansion Uttar pradesh
    Establishment year 1974
    Franchising Launch Date 2014
    Investment size Rs. 5 Cr. above
    Space required 90000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ghaziabad Uttar pradesh
  • Education Supplies
    About Us: Siddshree Publication is a privately held company, dedicated to..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 50000 - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: Grill Masters started its first outlet in August, 2015..
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Yamuna Nagar Haryana
  • Quick Service Restaurants
    About Us: The Khoune Pizza franchise model is a unique, one-of-its-kind..
    Locations looking for expansion Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 60
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities