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JSW Steel eyes $300-400 million cost savings in short-term via digitisation

The company is likely to achieve such savings is 2-3 years; intiative began in 2017

jsw steel

Technological interventions will enable JSW Steel to create a network of digitally connected smart steel factories in India by FY25

Ishita Ayan Dutt Kolkata
JSW Steel is eyeing cost savings of $300-400 million in the short-term through digitisation initiatives – a journey that started in 2017.

Senior executives at the company said that the short-term savings accrued from digitisation projects would be in the range of $300-400 million. The timeframe by which the company is likely to achieve this is 2-3 years.  

Dubbed “Project Athena”, JSW Steel embarked on its digitisation drive in 2017. The EBITDA impact since then has been to the tune of Rs 1,200 crore.

The first phase of the project was about how digital could help directly and indirectly across

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First Published: Sep 15 2021 | 6:10 PM IST

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