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JSW Steel begins development activities for Rayalaseema Steel Project in Andhra Pradesh

03 Jul 2026 Evaluate

JSW Steel has commenced development activities for its integrated steel project in the Rayalaseema region of Andhra Pradesh, reaffirming its long-term commitment to India’s manufacturing growth and the industrial transformation of the state of Andhra Pradesh.

The project is to set up a 2 Million Tonne Steel Plant by JSW Rayalaseema Steel, a 100% subsidiary of the company, in phases. The 1st phase, with a planned investment of Rs 4,500 crore, would be a 1-MTPA Integrated Steel Plant to manufacture low carbon emission steel products. The 2nd phase, with an additional planned investment of upto Rs 11,850 crore, will expand capacity to 2 MTPA, taking the total project investment upto Rs 16,350 crore.

Strategically located in the Rayalaseema region, the project is supported by planned infrastructure including road, rail, power and water connectivity, enabling efficient logistics and long-term industrial development.

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.

JSW Steel Share Price

1229.75 6.10 (0.50%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 189.85
JSW Steel 1229.75
Steel Authority 170.00
Jindal Stainless 698.45
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