Jindal Stainless

Jindal Stainless Ltd (JSL), India’s leading stainless-steel manufacturer, has announced an investment of USD 150 million (approximately Rs 1,250 crore) to develop an advanced slag processing and metal recovery facility. The move is aimed at enhancing resource efficiency, promoting sustainable production, and minimizing industrial waste through circular economy practices. The facility will focus on recycling and reusing steel slag—a byproduct of steelmaking—into value-added materials for construction and other industries.

In a strategic collaboration aimed at bolstering research and development in advanced materials, Jindal Stainless has signed a memorandum of understanding (MoU) with the National Rail and Transportation Institute (NRTI). The partnership is designed to facilitate innovation in stainless steel applications, particularly in railway infrastructure and mobility solutions. With a growing demand for sustainable, corrosion-resistant, and high-strength materials in India’s expanding rail sector, the alliance marks a critical step toward fostering indigenous technological expertise.