Jindal Steel and Power (JSPL) is reportedly aiming to achieve growth of 150% in its steel business in Uttar Pradesh (UP) over the next three years. Against the current sales of about 0.2 million tonne (mt) of steel and steel products in the state, the company is targeting 0.5 mt by 2018.
Besides, the company is looking at opening more warehouses and steel processing units in the state to cater to the growing needs of the market. The company launched its new brand of Thermo Mechanically Treated (TMT) rebars ‘Jindal Panther’ in the UP state. TMT rebars are used to provide strength and durability to constructions.
Jindal Steel & Power is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.
