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Time of India
07-07-2025
- Business
- Time of India
Jindal (India) gets nod for Rs 3,600-cr steel project in Odisha
Jindal (India) Ltd on Monday said the company has received a letter of approval from the Odisha government for its proposed greenfield project in the state to be set up with an investment of Rs 3,600 crore. The company plans to invest Rs 15,000 crore in three phases in Odisha by 2030, it said in a statement. "Jindal (India) Limited gets High-Level Clearance Authority (HLCA) approval for Rs 3,600 crore steel plant in Odisha," the statement said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Volvé a casa sin miedos con #GuardianVerisure en tu celular Alarmas Verisure Ver oferta Undo The company's facility will focus on manufacturing special coated steel products. The plant will feature coating facilities such as a Cold Rolling Mill (CRM) with a Continuous Galvanizing Line (CGL) and a Colour Coating Line (CCL) for steel sheets with multiple high potential downstream products having total annual capacity of 9.6 lakh MT. This phase will be commissioned by 2027. In parallel, its wholly-owned subsidiary Jindal India Steel Tech Limited (JISTL) will enhance the total capacity of the Odisha plant to 30 lakh MT per annum in the flat product division by 2030. Live Events A company spokesperson said, "Along with enhancing the company's domestic manufacturing capabilities, the green-field manufacturing plant will reduce reliance on imports and generate employment opportunities in the state. The modern facility will also strengthen Jindal (India) Ltd's footprint in Odisha's growing industrial sector." Jindal (India) Limited will also establish a steel pipe manufacturing facility that will have an estimated annual production capacity of 2 lakh MT per annum.
The Hindu
20-05-2025
- Business
- The Hindu
Unauthorised manufacture, sale of popular brand of steel sheets uncovered
The Jindal (India) Limited, one of the leading manufacturers of steel products in India, with the support of local enforcement authorities conducted raids and uncovered illegal and unauthorized manufacturing and distribution of its Jindal Sabrang brands colour coated roofing sheets in Nandyal and Koilkuntla. Based on reliable information, raids were conducted on the premises of Mehboob Traders, RS Road and Sri Lakshmi Venkateswara Traders, Koilkuntla which revealed illegal operation involving the manufacturing and supply of duplicate products of Jindal (India) Limited. Further investigation exposed multiple instances of illicit activities committed by certain individuals who exploited the higher margins and customer trust associated with Jindal (India) Limited by selling counterfeit Jindal Sabrang steel colour coated sheets. During interrogation by local authorities, an individual disclosed that they had been sourcing counterfeit roofing sheets from a wholesaler in Hyderabad for nearly two-and-a-half years, fully aware that the products carried fake Jindal logos and branding. 'Such misuse of our logo and brand name is not only a reputation risk to the company but could also pose risk to the public, customers and other stakeholders,'' said a statement by Jindal (India) Limited.
