JSW Steel Ltd.

JSW Steel is planning to merge recently acquired distressed asset Monnet Ispat & Energy with itself after turning around the company in the next one year. Moreover, the company is looking at acquiring coking coal mines over time, though raw material security is not a core focus area at present.

Further, the company is planning to invest Rs 45,000 crore over a four-year period from FY18 to FY21 to expand its steel making capacities and to modernise and expand capacities of its downstream businesses.

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.