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Jindal Stainless plans to invest Rs 15 billion to expand capacity

Company says, with all the infra already available at its Kalinganagar unit, the incremental cost for pursuing expansion will be lower

Auto Sector  |  Jindal Steel

Jayajit Dash & Nirmalya Behera  |  Bhubaneswar 

Representative Image

Leading stainless steel maker Jindal Stainless Ltd plans to invest Rs 15 billion to expand the capacity of its Steel Melting Shop (SMS) from 0.8 to 2.2 million tonnes per annum (mtpa) and double its cold roll mill capacity from 0.8 to 1.6 mtpa.



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First Published: Thu, September 27 2018. 18:29 IST