Jindal Stainless to invest Rs 5,400 crore to expand capacity to 4.2 MT: Abhyuday Jindal

Jindal Stainless to invest Rs 5,400 crore to expand capacity to 4.2 MT: Abhyuday Jindal

IndiaTimes

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The investments will be made during the next two years, Jindal said, while addressing a press conference. Around 90% of the investments will be made through internal accruals, he said. Sharing the break-up of the investment plan, Jindal said, "This will increase the company's melting capacity by over 40% to 4.2 MTPA at an investment of more than Rs 700 crore."

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