Jindal Stainless to invest Rs 1 bn in Rathi Super Steel for infra expansion

18 Sep 2023 CW Team

Abhyuday Jindal, the Managing Director of Jindal Stainless, shared, "This marks our initial foray into the realm of long products, primarily driven by the nation's emphasis on infrastructure development."

The company intends to enhance Rathi Super Steel's annual production capacity from its current 150,000 tonnes to approximately 200,000 tonnes. Currently, only a modest 2-5% of Jindal Stainless' product portfolio is relevant to the infrastructure sector. However, the company has ambitious plans to increase this proportion to 15-20% within the next two to three years, positioning itself as a significant player in this domain.

Jindal Stainless has historically focused on flat stainless steel products, whereas the infrastructure sector relies on long products such as wire rods, bars, and re-bars. The Rs 1 billion investment in Rathi Super Steel will be channelled toward expanding production capacity and enhancing plant quality to accommodate products essential for the infrastructure segment.

Presently, the plant primarily manufactures low-value wire rods, but Jindal Stainless aims to diversify its offerings to include bars and re-bars, which are critical components in railway, bridge, and infrastructure projects, particularly in coastal regions. Notably, the central government is contemplating the mandatory use of stainless steel in bridges near coastal areas to mitigate corrosion-related bridge weakening. Such a policy could significantly boost demand for Jindal Stainless' products, according to a senior executive within the company. The executive remarked, "As the emphasis on quality of life gains prominence, infrastructure projects will increasingly incorporate stainless steel, driving its usage higher."

Keywords –

Jindal Stainless is set to invest Rs 1 billion in Rathi Super Steel over the next two years, aiming to expand its presence in the infrastructure sector over the medium term. Earlier this year, Jindal Stainless acquired Rathi Super Steel, which was grappling with debt issues, for approximately Rs 2 billion through the debt resolution process.Abhyuday Jindal, the Managing Director of Jindal Stainless, shared, This marks our initial foray into the realm of long products, primarily driven by the nation's emphasis on infrastructure development.The company intends to enhance Rathi Super Steel's annual production capacity from its current 150,000 tonnes to approximately 200,000 tonnes. Currently, only a modest 2-5% of Jindal Stainless' product portfolio is relevant to the infrastructure sector. However, the company has ambitious plans to increase this proportion to 15-20% within the next two to three years, positioning itself as a significant player in this domain.Jindal Stainless has historically focused on flat stainless steel products, whereas the infrastructure sector relies on long products such as wire rods, bars, and re-bars. The Rs 1 billion investment in Rathi Super Steel will be channelled toward expanding production capacity and enhancing plant quality to accommodate products essential for the infrastructure segment.Presently, the plant primarily manufactures low-value wire rods, but Jindal Stainless aims to diversify its offerings to include bars and re-bars, which are critical components in railway, bridge, and infrastructure projects, particularly in coastal regions. Notably, the central government is contemplating the mandatory use of stainless steel in bridges near coastal areas to mitigate corrosion-related bridge weakening. Such a policy could significantly boost demand for Jindal Stainless' products, according to a senior executive within the company. The executive remarked, As the emphasis on quality of life gains prominence, infrastructure projects will increasingly incorporate stainless steel, driving its usage higher.Keywords –

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..