Jindal India, a downstream steel player, has announced its plans to invest Rs 1,500 crore to increase its annual production capacity to 1.6 million tonne.
The expansion focuses on the production of coated flat products, pipes, and crash barriers.
The expansion is expected to be completed by the financial year 2025-26, while the production is slated to be started within the ongoing fiscal.
The increased focus on rapidly augmenting the nation’s highway network with critical safety components such as crash barriers is a key area where Jindal India has been adding value.
