Business · India Bureau
Jindal Ferrous commissions ₹5,000 crore carbon steel plant in Odisha
Jindal Ferrous has inaugurated its first integrated carbon steel manufacturing facility at Jajpur in Odisha, marking a significant expansion of the company's steel production capacity in the eastern state. The new plant features a 2.2 million tonne per annum steel melt shop backed by a capital investment of ₹5,000 crore.
LSN India ·
The commissioning of the facility represents a major growth initiative for Jindal Ferrous, one of India's leading integrated steel producers. Located in Jajpur district, the plant adds substantial carbon steel production capability to the company's existing operations across India.
The new integrated steel plant incorporates a modern steel melt shop with an annual capacity of 2.2 million tonnes, positioning it as a significant contributor to regional steel supply. The facility has been developed with a substantial investment of ₹5,000 crore, reflecting the company's commitment to expanding its manufacturing footprint in Odisha, a key hub for India's steel industry.
Odisha has emerged as a preferred destination for steel manufacturers due to its abundance of raw materials, established industrial infrastructure, and skilled workforce. The state accounts for a substantial portion of India's total steel production capacity, attracting continued investment from major industry players.
The expansion underscores Jindal Ferrous's strategic focus on enhancing domestic steel production to meet growing demand across construction, automotive, infrastructure, and consumer goods sectors. The facility is expected to generate employment opportunities and contribute to the state's industrial development objectives.