Jindal Stainless Ltd (JSL) has undertaken capacity additions by adopting a strategy to increase existing capacities, Greenfield investments and establishing service centres. Mr Ratan Jindal vice CMD of JSL said that “We have embarked on an ambitious expansion plan, which would increase our capacity to 0.8 million tonnes per annum in the second phase. The total planned investments in this phase of the project are INR 5600 crore.” Mr Ratan Jindal added that JSL has already invested INR 2250 crore during phase I which is nearing completion. During the first phase, JSL had commissioned ferroalloy plants, coke oven and power plants. JLS is also in the process of enhancing production capacity at its Indonesia plant, PT Jindal Stainless, by more than two fold to 150,000tpa from the present 65,000tns and plans to invest around INR 140 crore in increasing capacity at the plant. One of the strategies for JSL’s operation is to open service canters. After running a successful centre in Manesar, another centre near Mumbai is going to start in July 2007, followed by one in Chennai and Gujarat. JSL also plans to invest INR 120 crore in setting up three service centres in Europe and Mexico to meet enhanced demand from the export market.
