JSW Group Chairman Mr Sajjan Jindal Speaking at the inaugural Invest Karnataka 2022 Global Investors Meet in Bengaluru, assuring the Karnataka government of investing INR 100,000 crore in the state in the coming years said “The steel plant at Bellary is the largest in the country & the plant will soon be the largest in the world.” The investment will be towards expanding JSW’s steel plant in the state, renewable energy projects, and a Greenfield port. Mr Jindal, while speaking at the sidelines of an event at the Indian Chamber of Commerce in Kolkata said “While JSW aggressively acquired assets from bankruptcy courts in the last four years, there are not enough left now. “The government may divest some of the steel units. We may look at them.” JSW Steel has set an ambitious target to reach 50 million tonne steel-making capacity by 2030, scaling up from 27 million tonne and aligning itself with the projected growth of the Indian economy.
JSW Group Chairman Mr Sajjan Jindal Speaking at the inaugural Invest Karnataka 2022 Global Investors Meet in Bengaluru, assuring the Karnataka government of investing INR 100,000 crore in the state in the coming years said “The steel plant at Bellary is the largest in the country & the plant will soon be the largest in the world.” The investment will be towards expanding JSW’s steel plant in the state, renewable energy projects, and a Greenfield port. Mr Jindal, while speaking at the sidelines of an event at the Indian Chamber of Commerce in Kolkata said “While JSW aggressively acquired assets from bankruptcy courts in the last four years, there are not enough left now. “The government may divest some of the steel units. We may look at them.” JSW Steel has set an ambitious target to reach 50 million tonne steel-making capacity by 2030, scaling up from 27 million tonne and aligning itself with the projected growth of the Indian economy.
