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Jsw Steel To Invest Over Rs 5,000 Cr On Strengthening Downstream Mfg Capacity | Business Standard News

by business-standard.com posted 4months ago 167 views
JSW Steel plans to pump in over Rs 5,000 crore to strengthen its downstream manufacturing capacity and is also keen to pursue stressed downstream assets that will come up for bidding in the next round. JSW Steel, which announced a capex investment programme of nearly Rs 45,000 crore to expand its capacities in Karnataka and Maharastra, is planning to invest over Rs 5,000 crore to strengthen its downstream manufacturing capabilities, company's Joint MD Seshagiri Rao told PTI. This will enable the company to re-orient its product mix and focus on high value special steel products and customisation, he said.