Published On:August 2 2014
Story Viewed 23278 Times

JSW Steel to increase steel capacity to 40 million tonnes by 2025.

Steel major JSW Steel today said it has prepared a blue print to increase overall steel capacity to 40 million tonnes per annum by 2025 in order to retain market share of 13-14 per cent.

The company has installed capacity of 14.3 million tonnes. 'In order to retain market share of 13-14 per cent, the company has prepared a blue print to increase overall steel capacity to 40 million tonnes per annum by 2025, which will entail a capital outlay in the range of USD 22 billion over the next decade,' JSW Steel Chairman Sajjan Jindal told shareholders at the company's 20th annual general meeting.


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