Jindal Stainless Ltd (JSL) plans to invest INR 40,000 crore in Maharashtra to set up a stainless steel manufacturing facility, as per PTI reports. The proposed facility will have a melting capacity of 4 mnt per annum and will be constructed in phases, with the first phase expected to be operational in the next four years. The facility will cater to industries like hydrogen, defence, and infrastructure.
India: Jindal Stainless to invest INR 40,000 cr in Maharashtra
4 mnt per annum defence industry hydrogen industry Indian manufacturing industrial investment infrastructure development infrastructure industry Jindal investment plans Jindal Stainless Ltd JSL Maharashtra investment manufacturing facility melting capacity phase construction stainless steel facility stainless steel manufacturing Stainless steel production steel industry expansion steel production facility
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