Jindal Stainless investing Rs 900 cr to increase cold rolling capacity to 2.67 MT by FY28
India, Aug. 16 -- Jindal Stainless is investing Rs 900 crore to increase its cold rolling capacity to cater to the rising demand of the product from sectors such as automotive, appliances, and food processing, the company's Managing Director Abhyuday Jindal said. The investment will increase the company's cold rolling capacity from 2.05 MTPA to 2.67 MTPA by FY28, he said in the company's annual report for FY26. Besides upstream, the company is also making significant investments to build up its downstream capabilities, the industry executive said. "Our Rs 900 crore investment across Hisar and Kharagpur, along with new hot rolled annealing, pickling, and cold rolling facilities at Jajpur, will...support a higher-value mix for automotive, a...
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