JSW Steel plans 50 MT capacity by 2030 by greenfield and brownfield

07 Nov 2022 CW Team

JSW Steel, which is run by Sajjan Jindal, plans to reach a 50 Million Tonne (MT) capacity by 2030 to keep pace with the growth of the nation.

Jindal stated that JSW Steel's current capacity is 27 MT, which could increase to 50 MT by 2030 through greenfield and brownfield options, during a session sponsored by the Indian Chamber of Commerce (ICC) in Kolkata.

The country's goal of doubling crude steel capacity to 300 MT in the following 9–10 years is aligned with Jindal's growth plans. He also thinks that in ten years, the Indian economy could grow by a factor of three.

By FY25, JSW Steel plans to increase capacity by about 10 mt. JSW might consider acquisitions in order to advance its growth objectives.

Jindal claimed that given that no additional steel assets were anticipated to be put up for auction in accordance with the Insolvency and Bankruptcy Code, there will be opportunities for public sector disinvestment.

Also read:
Tata Steel supplies slag to BRO for Arunachal roads
Sumangala Steel plans to expand to achieve Rs 15 billion revenue

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..