Mumbai, May 14 -- Sajjan Jindal-led JSW Steel plans to nearly double its steelmaking capacity to about 80 million tonnes per annum (mtpa) by 2031 through aggressive brownfield expansion and joint ventures, positioning India's largest steelmaker among the world's biggest producers. The expansion roadmap came as the company reported strong results for FY26 and the March quarter.

The Mumbai-headquartered steelmaker currently has a capacity of 37.9 mtpa.

During a post-earnings interaction with analysts on Thursday, joint managing director and chief executive officer Jayant Acharya said JSW Steel has raised its standalone capacity target to 62 mtpa by FY32 from its earlier goal of 50 mtpa by 2031.

"In addition to this, the joint ventures of...