JSW Steel, which is run by Sajjan Jindal, plans to reach a 50 million tonne (mt) capacity by 2030 to keep pace with the growth of the nation.
Jindal stated that JSW Steel‘s present capacity is 27 million, which may rise to 50 mt by 2030 through greenfield and brownfield options, during a session sponsored by the Indian Chamber of Commerce (ICC) in Kolkata.
The country’s goal of tripling crude steel capacity to 300 mt in the following 9–10 years is aligned with Jindal’s growth goals. He also thinks that in ten years, the Indian economy might grow by a factor of three.
“If India has to grow, then we have to grow in a very big way,” he told members of the Chamber.
