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'Stainless steel industry deserves dedicated policy'

Business Standard

|

November 28, 2025

The Indian stainless steel industry deserves a dedicated policy rather than a mere chapter integrated into the National Steel Policy of 2017 as being planned by the government, according to Abhyuday Jindal, managing director, Jindal Stainless Ltd (JSL).

- SAKET KUMAR

“Adding just one chapter diminishes the value and importance of this industry,” Jindal told Business Standard in an interview.

He said the sector needs a standalone policy as it is distinct from carbon steel in many waysthe raw materials it uses, the applications it goes for, and the manufacturing processes.

JSL accounts for nearly half of total stainless steel sales volume in India. It sold 2.37 million tonnes of stainless steel in FY25, with majority sales concentrated for the domestic market.

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