Jindal Stainless has signed an MoU to invest INR 41,580 crore to set up a 4-MTPA stainless steel plant in Raigad, Maharashtra. The project is expected to create over 15,500 jobs and support India’s growing demand in infrastructure, automotive, and industrial sectors. This investment boosts the company’s production capacity and aligns with India’s self-reliance and sustainability goals, reinforcing Jindal Stainless’s leadership in the industry.
India: Jindal Stainless signs INR 41,580 crore MoU for 4-MTPA Raigad plant
‘Make in India 4 MTPA capacity Automotive sector India self-reliance industrial development infrastructure growth jindal stainless Jindal Stainless MoU job creation Raigad Maharashtra stainless steel industry expansion stainless steel investment Stainless steel plant Stainless steel production sustainable manufacturing
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