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Jindal Stainless to supply special stainless steel grade to JBM Auto

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Large Corporate 19 Mar 2024 03:33 PM IST Economic Times

Jindal Stainless will provide JBM Auto with high-quality stainless steel for the production of 500 lightweight electric buses. According to a statement from Jindal Stainless Ltd (JSL), it would supply low-carbon, chromium-manganese austenitic stainless steel JT Tubes to the e-bus manufacturer as part of a cooperation with JBM Auto.

JBM Auto and Jindal Stainless are working together to introduce more than 500 energy-efficient electric buses. As per the statement, JT Tubes is three times more robust than the carbon steel used in bus fabrication.

According to JSL MD Abhyuday Jindal, lighter vehicles improve energy usage and minimise the transport sector's carbon footprint. "Through our association with JBM Auto, we look forward to furthering our mission to contributing to greener modes of public transport," Jindal said.

"Our mission is to provide intelligent electric vehicles with robust infrastructure support, making EVs the most sustainable mode of public commuting," Vice Chairman & Managing Director, JBM Auto Nishant Arya said.

Further, JSL said it will supply the material through its domestic service arm Jindal Stainless Steelway Limited (JSSL). JSL is India's largest stainless steel manufacturing company with two plants located in Haryana and Odisha.