Tata Steel’s JV - Jamshedpur Continuous Annealing and Processing Company (JCAPCPL) has inaugurated its Continuous Annealing & Processing Line, a 600,000 tonnes per annum facility for manufacturing ‘Automotive Grade Continuous Annealed Products’ at Steelennium Hall inside Tata Steel’s Jamshedpur Works. JCAPCPL is a 51:49 Joint Venture (JV) between Tata Steel and NSSMC respectively.
JCAPCPL has set up India’s first Continuous Annealing & Processing Line that will produce 600,000 tonnes per annum of high-quality cold rolled sheets exclusively for the automotive industry, including outer panels and high tensile sheets.
While Tata Steel has developed the infrastructure for the project, NSSMC has provided the equipment and state-of-the-art technology. The project has been set up at a capital investment of about Rs 2,750 crore. JCAPCPL will source steel from Tata Steel.
Through the JV, both Tata Steel and NSSMC are expected to respond appropriately to the increasing demand of Indian automakers for high-grade, high-quality automotive steel sheets.
| Company Name | CMP |
|---|---|
| Tata Steel | 182.70 |
| JSW Steel | 1240.65 |
| Steel Authority | 161.55 |
| Jindal Stainless | 714.55 |
| APL Apollo Tubes | 1825.70 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: