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Jindal Stainless chalks out road map to better revenue, build brand

Jindal Stainless sees a long-term demand for their products from the railways and is aiming to strengthen its ties with it

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Apart from JSW Steel and ArcelorMittal, 11 others are believed to be in the fray

Aditi Divekar Mumbai
With Jindal Stainless’ corporate debt restructuring (CDR) plan in the final lap, the country’s largest stainless steel producer is chalking out a road map to enhance its revenues while focusing on a fresh branding strategy.

“We are seeing strong demand for automotive, railways and building construction segments where a sizeable market is available for us to capture,” Abhyuday Jindal, managing director told Business Standard. “We are actively working with builders in Mumbai on several redevelopment projects where replacement demand is strong,” he said.

Of the total revenue of Jindal Stainless, the railways contributes around 10 per cent. Going ahead, the