Neel AcharyBC Jindal Group’s Jindal (India) Limited Announces Additional Rs 150 Crore Investment to Strengthen Manufacturing Capabilities
New Delhi, Dec 11: Jindal (India) Limited, part of the prestigious B.C. Jindal Group and one of the leading downstream steel products manufacturers in India, has announced an additional investment of Rs 150 crore at its state-of-the-art facilities in Howrah, West Bengal. To power the continuous growth, the company aims to upgrade its existing production lines and commission new machinery to ramp up overall manufacturing capacity.
As part of its overall expansion plan, B.C. Jindal Group, led by Mr. Shyam Jindal, Promoter, B.C. Jindal Group recently announced the commissioning of 0.6 million MT of downstream steel capacity expansion at its manufacturing facilities in West Bengal with an investment of Rs. 1500 Crores. The commencement of commissioning of the new cold rolling complex marked the completion of a major part of the expansion project. This capacity expansion is expected to result in a 60% increase over the company’s existing 1 million MT per annum capacity.
Jindal (India) Limited, a market leader in the steel sheets and pipes, presently has a combined manufacturing capacity of 11.6 Lakh tons across its two plants. With this additional 150-crore investment, the company plans to scale production by 9% per cent to 12.7 Lakh tons by the end of FY26. The company expects a significant increase in the sales revenue in the coming years with this investment and recent capacity expansion.
“This strategic investment is a pivotal step towards shaping the long-term growth trajectory of the company. As part of this project, we are also revamping our CGL line, which will lead to an increase in current production capacity, adding to overall revenues significantly. In addition to scaling up our output, we also aim to improve our operational efficiency and our ability to meet the evolving needs of our customers,” said a Jindal (India) Limited spokesperson.
With an investment of over Rs 50 crore, Jindal (India) Limited also plans to install a modern embossing facility with Cut-to-Length (CTL) capability at its Ranihati plant to cater to the white goods industry in India. The company, which recently announced setting up additional colour-coated manufacturing capacity to offer improved service to the country’s high-end white goods manufacturers, expects its revenues to rise 20% through this investment in FY27.
B.C. Jindal Group’s Jindal (India) Limited has two modern factories located at Howrah, West Bengal, and its capabilities include advanced colour coating and metal coating technologies. The company offers a diverse range of products across three major divisions that include sheets, pipes, and aluminum foil. With strong brands like Jindal Sabrang and Jindal NeuColor+, Jindal (India) Limited dominates the colour-coated sheets market, particularly in Eastern India, and maintains a significant presence across the country. Currently, 70% of the company’s total production consists of coated flat steel products, which remains a key area of focus for future growth and expansion.
Jindal (India) Limited is one of the oldest players in the downstream steel product industry. A significant portion of the company’s revenue has been driven by the eastern region, followed by South India. However, over the years, the company has adopted a pan-India strategy, expanding into North and West India through increased capacity growth. Currently, contributions from these two regions make up approximately 20% of its revenue, and the company aims to increase this to 30% in the near future. Jindal (India) Limited sees immense potential in these regions due to the rapid growth in infrastructure development and industrial projects.
Recently, the company also secured the Letter of Approval (LoA), through its wholly owned subsidiary, Jindal India Steel Tech Limited (JISTL), for setting up a greenfield steel manufacturing plant in Dhenkanal, Odisha. Jindal (India) Limited’s JISTL will invest Rs 3,600 crore in the first phase of the project and a total of Rs 15,000 crore in the state, in three phases, by 2030.
Jindal India Limited, founded in 1952, is part of B.C. Jindal Group, a leading Indian conglomerate. The group, led by Shyam Jindal, Promoter, B.C. Jindal Group is engaged in a diverse portfolio of businesses like packaging films, energy & steel products.
