Jindal Ltd Expands Operations with Fresh ₹150 Crore Investment
Mumbai: Jindal (India) Limited, part of the B.C. Jindal Group and a leading manufacturer of downstream steel products, has announced an additional ₹150 crore investment to enhance manufacturing capabilities at its state-of-the-art facilities in Howrah, West Bengal. The fresh capital infusion will be used to upgrade existing production lines and commission new machinery to support the company’s next phase of growth.
This announcement follows the B.C. Jindal Group’s recently commissioned 0.6 million MT downstream steel capacity expansion in West Bengal, backed by a ₹1,500 crore investment. The commissioning of the new cold rolling complex marks the completion of a major portion of the expansion project, which is expected to increase the company’s total capacity by 60% over its existing 1 million MT per annum.
Jindal (India) Limited currently operates with a combined manufacturing capacity of 11.6 lakh tonnes across its two plants. With the new ₹150 crore investment, the company plans to scale production by 9% to 12.7 lakh tonnes by FY26, anticipating a significant rise in sales revenue in the coming years.
A company spokesperson said, “This strategic investment is a pivotal step towards shaping the long-term growth trajectory of the company. As part of this project, we are revamping our CGL line, which will increase production capacity and contribute meaningfully to revenues. Along with scaling output, we aim to enhance operational efficiency and better meet evolving customer needs.”
As part of its expansion roadmap, the company will also invest over ₹50 crore to install a modern embossing facility with Cut-to-Length (CTL) capability at its Ranihati plant, aimed at serving India’s growing white goods industry. The company recently announced additional colour-coated manufacturing capacity to support high-end white goods manufacturers and expects a 20% revenue increase by FY27 from these initiatives.
Jindal (India) Limited operates two advanced manufacturing units in Howrah, equipped with colour coating and metal coating technologies. Its product portfolio spans sheets, pipes, and aluminium foil, with strong brands such as Jindal Sabrang and Jindal NeuColor+ leading the colour-coated sheets market in Eastern India. Coated flat steel products currently account for 70% of the company’s total production, and remain a key focus area for future expansion.
While the eastern region continues to drive a major share of its revenue, the company has been expanding its footprint across North and West India. These regions currently contribute around 20% of revenue, with plans to increase this to 30% as infrastructure and industrial development accelerate.
In a major development, the company’s wholly owned subsidiary, Jindal India Steel Tech Limited (JISTL), recently secured a Letter of Approval to set up a greenfield steel manufacturing plant in Dhenkanal, Odisha. JISTL will invest ₹3,600 crore in Phase 1 and a total of ₹15,000 crore across three phases by 2030.
Founded in 1952, Jindal (India) Limited is part of the diversified B.C. Jindal Group, led by promoter Shyam Jindal, with business interests spanning packaging films, energy, and steel products.
