Jindal Steel

Jindal (India) Ltd has received regulatory approval from the Odisha government to initiate a greenfield steel manufacturing facility with an initial investment of Rs 3,600 crore. This is the first phase of a larger strategic plan involving a total investment of Rs 15,000 crore in Odisha by 2030. The project will focus on producing high-value coated steel products and significantly boost domestic capacity in flat steel production.

Jindal Steel has inaugurated its first coated galvanizing line (CGL 1) at the Angul facility in Odisha, marking a critical milestone in its expansive investment plan. The new galvanizing line will produce high-quality galvanized and galvalume steel products under the Jindal Panther and ZINKALUME brands, targeting diverse sectors such as automotive, appliances, infrastructure, and construction. This capacity enhancement aligns with the company’s ambitious goal to double production to 24 million tonnes per annum, positioning Angul as the world’s largest single-location steel plant.