JSW Steel is planning to increase capacity at its Bellary plant by 60 per cent to 16 million tonnes a year that will make the unit the largest single-location steel facility. In this regard, the company will invest around Rs 30,000 crore
The capacity addition plan is in line with JSW Steel’s overall target of achieving a portfolio of 40 mtpa by 2025 which in turn would help the steel maker to retain its market share of 13-14 per cent. JSW Steel has 14.3 mtpa installed capacity spread across Karnataka, Maharashtra and Tamil Nadu.
JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.
