India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Jindal Stainless Ltd (JSL) has launched its first steel fabrication unit in Pathredi, Haryana, with an investment of ₹125 crore, marking a significant milestone in its downstream integration and value-added product portfolio.
Spread across 32 acres, the state-of-the-art facility will have an annual fabrication capacity of 50,000 tonnes and will cater to sectors such as infrastructure, architecture, railways, and industrial applications. The company said the plant will produce modular stainless-steel structures designed to promote sustainable construction solutions and reduce carbon footprints.
Abhyuday Jindal, Managing Director of Jindal Stainless, said the facility will “drive innovation in design and modular construction while strengthening India’s capability in sustainable infrastructure development.”
The new unit also aligns with the government’s Make in India and Atmanirbhar Bharat initiatives by promoting domestic manufacturing and creating local employment opportunities.
By entering the fabrication space, Jindal Stainless aims to move further up the value chain — from raw stainless steel production to finished, ready-to-install structural solutions — reinforcing its commitment to innovation, sustainability, and self-reliance in India’s growing infrastructure landscape.
Also Read : Tata Steel Bonus 2025 Likely to Be Finalised Soon Egypt Imposes Temporary 13.6% Duty on Hot-Rolled Steel Imports
India has proposed zero tariffs on US steel and auto parts. The US has shown a positive initial res...
Business 06-May-2025
✅ Domestic steel prices rise by ₹2,000–₹3,000/MT due to strong demand and higher costs.✅ Tra...
Business 19-Mar-2025
Steel Plate Prices Dip Globally in July 2025 as Construction Demand Weakens Global steel plate pric...
China 25-Jul-2025
After signing a development and exploration agreement with Argentina’s CAMYEN for lithium sour...
Announcement 22-Jan-2024
The housing boost in the interim budget holds significant market implications, particularly benefiti...
Construction 01-Feb-2024
In line with the principles of PM GatiShakti National Master Plan for providing multi-model connecti...
Press Releases 02-Feb-2024