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JSW Steel plans to increase capacity to 40-45 million tonne by 2030

24 Apr 2017 Evaluate

JSW Steel is planning to increase its manufacturing capacity to 40-45 million tonne (mt) by 2030 from the present 18 mt. The company has environmental clearances to increase the capacity at the Vijaynagar plant from 12 mt to 16 mt. At Dolvi, it has approvals to double the capacity to 10 mt. This means the company has the approval to increase its capacity to 27 mt from the present 18 mt.

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. The company has reported crude steel production of 12.65 MT in February 2017 with a growth of 25% over the corresponding month in 2016.

Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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