Jayant Acharya of JSW Steel discusses the company s capacity expansion plans, stable pricing trends, inorganic growth opportunities, and overseas operations performance, emphasizing the focus on value-added products for business stability. Acharya says in the last quarter, 62% of sales was from value-added and specials and 61% for the year as a whole. In terms of absolute volume, it has grown substantially.
JSW Steel plans 20,000 cr capex for FY25, says CEO - Industry News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The company plans to spend Rs 20,000 crore on capex in FY25, funded mainly by cash generation. It does not plan to raise funds via equity issue, like group company JSW Energy.
The cost of JSW Steel s third phase of capacity expansion at its plant in Dolvi will be among the lowest for brownfield expansions for the company, a top official told ET. JSW Steel will spend a little over INR 19,000 crore on this capacity addition, which will help it cater to the demand for value-added special steel products, Jayant Acharya, chief executive officer of JSW Steel, said.