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JSW Steel, Japan partner to deploy ₹5.8K cr capex

Financial Express Pune

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August 05, 2025

Steel capacity to rise to 350,000 tonne per annum

- FE BUREAU

JSW STEEL AND its Japanese partner JFE Steel Corporation will jointly invest ₹5,845 crore towards the expansion of manufacturing capacity for grain-oriented electrical steel (GOES).

The investment will be deployed through their joint ventures—JSW JFE Electrical Steel Private Limited at Vijayanagar, Karnataka and JSW JFE Electrical Steel Nashik Private Limited, Maharashtra, the Indian steelmaker said in a statement.

With this capital investment, JSW Steel's overall investment outlook now amounts to ₹15,560 crore.

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