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JSW Steel has announced a significant investment exceeding ?19,000 crore for the third phase of capacity expansion at its Dolvi plant. This strategic move is part of one of the company’s most cost-effective brownfield expansion projects, underscoring its commitment to enhancing production capabilities. The primary objective of this investment is to boost the output of value-added special steel products, which are essential for various high-demand industries.
With this expansion, JSW Steel aims to increase the plant’s production capacity by an additional 5 million tonnes by September 2027. Once completed, this will bring the total annual production capacity at the Dolvi plant to 15 million tonnes, significantly enhancing its contribution to the steel industry in Maharashtra. This development not only highlights JSW Steel’s dedication to meeting growing market demands but also reflects its strategic focus on scaling up operations and delivering high-quality steel products.
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Note: The above-mentioned news was first published by us in our ProjectX India | 1st June 2024 edition.. Get this issue or any of our editions by clicking here…
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