JSW Steel eyes 50% market share in coated steel area; introduces alloy

31 May 2024 CW Team

JSW Steel has set its sights on capturing 50% of the coated steel market with the introduction of zinc-magnesium-aluminium alloy coated steel. With a hefty investment of Rs 5 billion, JSW has established a capacity of 0.9 million tonnes in Karnataka and Maharashtra. This ambitious move aims to position JSW as a dominant player in the segment within a year.

The rollout of JSW Magsure, the alloy-coated steel product, marks a significant milestone for the company, making it the sole Indian manufacturer in this category. By diversifying its product range, JSW aims to reduce India's dependence on imported coated steel.

Anticipating a surge in demand, particularly from the renewable energy sector, JSW Steel is eyeing both domestic and international markets. The Indian market for zinc-magnesium-aluminium alloy coated steel has witnessed substantial growth, with projections indicating a doubling of demand in the current fiscal year.

This specialised type of galvanised steel offers enhanced corrosion protection, making it ideal for various applications, including solar installations, silos, guardrails, and AC components. Jayant Acharya, Joint Managing Director & CEO, JSW Steel, emphasised the strategic importance of JSW Magsure in fulfilling India's burgeoning needs while aligning with national goals for renewable energy and self-reliance. (Source: ET Infra)

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..