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JSW Steel and JFE Corporation to make significant investment in India s electrical steel sector

JSW Steel and JFE Corporation to make significant investment in India s electrical steel sector
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JSW Steel launches manufacturing joint venture with Japanese company

JSW Steel launches manufacturing joint venture with Japanese company
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JSW Steel, JFE Corporation to set up electrical steel facility in India with Rs 5,500 crore investment

JSW Steel, JFE Corporation To Set Up Electrical Steel Facility With Rs 5,500 Crore Investment

JSW Steel on Tuesday announced plans to set up a grain oriented electrical steel manufacturing facility through a joint venture with JFE Steel Corporation at an estimated investment of Rs 5,500 crore.

JSW Steel signs JV with Japan-based JFE Steel, to invest INR 5,500 cr in K taka plant, ET Auto

JSW Steel is partnering with Japan s JFE Steel Corporation to form a 50:50 joint venture, JSW JFE Electrical Steel Private Limited. The new company will invest INR 5,500 crore (USD 734 million) to set up a plant in Bellary, Karnataka, producing grain-oriented electrical steel. Production is expected to start in FY27, with potential for capacity expansion to meet growing demand in India.

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