Kashmir Vision reported that JSW Steel Limited is among first major corporations to buy land in Jammu & Kashmir after the scrapping of Article 370 in 2019 to set up INR 150 crore steel processing plants in south Kashmir’s Pulwama district. The land allocated to JSW Steel is owned by the City & Industrial Development Corporation and is part of an industrial park at Lassipora in Pulwama in Kashmir. The report quoted a senior government official as saying “The possession of 70 kanals of land (8.75 acres) has already been handed over to JSW Steel Limited in Pulwama’s Lassipora industrial area to set up INR 150-crore steel plant.”JSW Steel had announced in October 2021 plans to set up a color coating line in J&K. The planned downstream manufacturing facility of capacity 120,000 tonne per annum will also house special lines to produce Steel Sandwich Panels and Steel Doors.JSW Steel had said “This facility shall provide immense benefits to local businesses and society in a meaningful way and provide employment opportunities to the local youth. This is a humble contribution of the JSW Group, to spur the economic rejuvenation of Jammu and Kashmir.
Kashmir Vision reported that JSW Steel Limited is among first major corporations to buy land in Jammu & Kashmir after the scrapping of Article 370 in 2019 to set up INR 150 crore steel processing plants in south Kashmir’s Pulwama district. The land allocated to JSW Steel is owned by the City & Industrial Development Corporation and is part of an industrial park at Lassipora in Pulwama in Kashmir. The report quoted a senior government official as saying “The possession of 70 kanals of land (8.75 acres) has already been handed over to JSW Steel Limited in Pulwama’s Lassipora industrial area to set up INR 150-crore steel plant.”JSW Steel had announced in October 2021 plans to set up a color coating line in J&K. The planned downstream manufacturing facility of capacity 120,000 tonne per annum will also house special lines to produce Steel Sandwich Panels and Steel Doors.JSW Steel had said “This facility shall provide immense benefits to local businesses and society in a meaningful way and provide employment opportunities to the local youth. This is a humble contribution of the JSW Group, to spur the economic rejuvenation of Jammu and Kashmir.
