JSW Group Chairman Sajjan Jindal has announced a Rs 1 lakh crore investment over the next 7-8 years to establish a 25 MTPA steel plant in Maharashtra’s Gadchiroli.
Sajjan Jindal, Chairman of JSW Group, has unveiled plans to invest Rs 1 lakh crore in a massive steel plant in Maharashtra’s Gadchiroli district. Announced at the ‘Advantage Vidarbha’ conclave in Nagpur, the project aims to be the world’s largest and most environmentally friendly steel-making facility.
The first phase is expected to be completed within four years, with the full-scale plant reaching a capacity of 25 million tonnes per annum (MTPA) over the next seven to eight years. Maharashtra Chief Minister Devendra Fadnavis and Union Minister Nitin Gadkari were present during the announcement.
JSW’s investment aligns with India’s push for industrial growth and sustainable steel production. The company envisions the plant as a benchmark for both efficiency and eco-friendly manufacturing.
