JSW Steel eyes 50 MT capacity by 2030 via greenfield, brownfield options

Sajjan Jindal-led JSW Steel is eyeing a capacity of 50 million tonne (mt) by 2030 mirroring the country’s growth.

Speaking on the sidelines of a session organised by the Indian Chamber of Commerce (ICC) in Kolkata, Jindal said JSW Steel’s current capacity is 27 million, which could increase to 50 mt by 2030 through greenfield and brownfield options.

Jindal’s growth plans are in sync with the country’s target of doubling crude steel capacity to 300 mt of crude steel capacity in the next 9-10 years. He also believes that the Indian economy can be three times its size in 10