Jindal Stainless Steel eyes growth in kitchenware by increasing capacity

With the implementation of GST and e-way bill, the company is expecting more players to come into the organised segment

Jindal Stainless Steel, a leading stainless steel maker in the country, is expecting a growth in its supplies to the kitchenware industry with the implementation of the goods and services tax (GST), which has brought in more unorganised players into the organised market. The company said that its expansion plans are also taking this growth into consideration.  

The market size of Indian stainless steel flat products is estimated to be 2.5 million tonnes per annum, which is growing at a steady rate of 9-10 per cent per annum. The kitchenware segment accounts for around 1 million tonnes per annum, almost