India, June 30 -- India's steel sector is entering a strong growth phase driven by rising infrastructure spending, expanding manufacturing activity, and increasing demand from automotive and construction industries. In response, major steel companies are pursuing global partnerships to access advanced technology, improve efficiency, and strengthen competitiveness as they prepare for long-term capacity expansion.

JSW Steel Limited informed stock exchanges that JFE Steel Corporation on June 30, 2026 acquired an additional 25% stake in JSW JFE Kalinga Steel Limited for Rs. 7,875 crore. This follows the first tranche investment made in March 2026, when JFE initially acquired 25% ownership for the same amount.

With completion of the second t...