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In May 2023, JSW Steel reached an in-principle agreement with JFE Steel to establish a 50:50 joint venture to manufacture cold-rolled grain-oriented (CRGO) electrical steel in India. [46] [47] In March 2024, JSW Steel Italy SRL inked an MoU with the Government of Italy to invest €140 million in restarting production at the Piombino plant. [48]
Print/export Download as PDF; Printable version; In other projects ... JSW Steel Annual Report on www.jsw.in. Date Author JSW Steel Ltd Permission
However, Japan Steel Works is the only one that can make cores in a single piece without welds, which reduces risk from radiation leakage. [7] The company has boosted production to 6 units per year from 4 previously of the steel pressure vessel forgings, which contain the nuclear reactor core. It is scheduled to take capacity to 11 by 2013. [7]
JSW Steel: JSW Steel: 1982 Tarapur, Boisar, Maharashtra: JSW Steel: JSW Steel Special Alloy Steel Plant: 2004 Salem, Tamil Nadu: JSW Steel: JSW Ispat Special Products Limited: 1990 Raipur, Chhattisgarh: JSW Ispat Special Products Limited: JSW Ispat Special Products Limited: 1994 Raigarh, Chhattisgarh: JSW Ispat Special Products Limited: JSW ...
JSW MG Motor India, on 30 November 2023, China's SAIC Motor and the JSW Group formed a strategic joint venture, resulting in the latter gaining a 35% stake in MG Motor India through this partnership. [ 59 ] [ 60 ] In February 2024, the group inked a MoU with the Government of Odisha for a ₹ 40,000 crore (US$4.6 billion) Integrated EV and EV ...
During the early 2000s recession, heavy losses forced the company, as well as Essar Steel and JSW Steel, into debt restructurings. [2] However, the company was not able to implement a turnaround and in 2010, losses reached Rs 2,500 crore. [2] In 2010, JSW acquired a 41.57% interest in the company for ₹2157 crore and renamed it JSW Ispat Steel.
He promoted Jindal Vijaynagar Steel Limited (JVSL), JSW Energy Limited (JSWEL), Jindal Praxair Oxygen Limited. (JPOCL) and Vijaynagar Minerals Private Limited. (VMPL) to ensure complete integration of the manufacturing progress in 1995. In 2005, his steel companies, JISCO, and JVSL, were merged to form JSW Steel, and a holding group of the same ...
The company established its facility in Chandigarh in 1973 to manufacture Tor steel and wire rod. It has 7 manufacturing facilities in India. [7] The company was promoted by Sanjay Singal. [8] [9] Bhushan Power & Steel was acquired by JSW Steel in September 2019. [10] [11] JSW Steel's offer of Rs. 19,700 crores was approved by NCLT. [12]