+
JSW Steel plans Rs 150 cr investment for steel plant in Kashmir
Steel

JSW Steel plans Rs 150 cr investment for steel plant in Kashmir

JSW Steel told the media that it will be investing approximately Rs 150 crore to install a colour-coated steel plant in Kashmir.

The proposed downstream manufacturing plant having a capacity of 120,000 tonnes per annum will additionally house special lines to generate Steel Sandwich Panels and Steel Doors for the local market here in Jammu and Kashmir.

Home Minister Amit Shah, also presented land allotment papers to Sajjan Jindal for the same.

The land allotted to JSW Steel is held by the City and Industrial Development Corporation (CIDCO) and is part of an industrial park in Kashmir. JSW Steel plant, however, is the first to be housed there.

To be installed in Lassipora, Pulwama will add to the already existing capacity of 27 million tonnes.

Jindal told the media that this plant would render tremendous benefits to local businesses and society in a significant way and give employment opportunities to the local youth.

A team of two-three officials who are natives of Kashmir will be deployed at the plant, and then gradually, the team will be made.

Local hiring has also been already done for this plant, and presently, they are undergoing training at our Washim training centre.

By 2025, JSW Steel aims to generate 40 mt of steel yearly.

Image Source

Also read: JSPL will invest Rs 1 lakh crore in Odisha for next 10 years

JSW Steel told the media that it will be investing approximately Rs 150 crore to install a colour-coated steel plant in Kashmir. The proposed downstream manufacturing plant having a capacity of 120,000 tonnes per annum will additionally house special lines to generate Steel Sandwich Panels and Steel Doors for the local market here in Jammu and Kashmir. Home Minister Amit Shah, also presented land allotment papers to Sajjan Jindal for the same. The land allotted to JSW Steel is held by the City and Industrial Development Corporation (CIDCO) and is part of an industrial park in Kashmir. JSW Steel plant, however, is the first to be housed there. To be installed in Lassipora, Pulwama will add to the already existing capacity of 27 million tonnes. Jindal told the media that this plant would render tremendous benefits to local businesses and society in a significant way and give employment opportunities to the local youth. A team of two-three officials who are natives of Kashmir will be deployed at the plant, and then gradually, the team will be made. Local hiring has also been already done for this plant, and presently, they are undergoing training at our Washim training centre. By 2025, JSW Steel aims to generate 40 mt of steel yearly. Image Source Also read: JSPL will invest Rs 1 lakh crore in Odisha for next 10 years

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?