Steel and mining companies still bearing the brunt of ban in Karnataka, Goa

Sajjan Jindal-led JSW Steel at present has a total installed capacity of 18.1 million tonnes

Steel and mining companies operating in the mineral-rich states of Karnataka and Goa continue to bear the brunt of the iron ore mining ban, which brought the two industries to their knees between 2011 to 2014.

“Till today, we regret the expansion opportunity we lost due to the ban in Karnataka. As per our business plan, JSW Steel was to have 16 million tonne capacity at Vijaynagar alone by 2012. We are still at 12 million tonnes here,” deputy managing director of the company Dr Vinod Nowal told Business Standard.

Sajjan Jindal-led JSW Steel, one of the top