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Israel conflict will not impact exports, says Jindal Stainless
Mint Mumbai
|October 20, 2023
The company exports about 20% of its total produce to Europe and America
Jindal Stainless Ltd does not see the Israel-Hamas conflict impacting its exports to Europe, US, and other geographies much and says that global demand is set to improve from the fourth quarter of the current fiscal.
The company, which exports about 20% of its total produce to Europe and America, also expects the domestic demand for stainless steel to remain robust despite the elections. For this, the company is working on expansion plans to meet the rising demand, Abhyuday Jindal, managing director of JSL, said in an interview.
“I don’t think that should impact because it’s not like the Russia-Ukraine war, which is very close to Europe. So, I don’t see too much impact because of this," Jindal said.
This story is from the October 20, 2023 edition of Mint Mumbai.
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