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JSL plans 30% increase in stainless steel exports in FY25.
Focus on Europe, Middle East, and Southeast Asia markets.
Aims to diversify revenue and boost India’s export standing.
India’s largest stainless steel manufacturer, Jindal Stainless Limited (JSL), has announced plans to boost its stainless steel exports by 30% in the financial year 2024-25. The move comes amid steady global demand for high-quality stainless steel products and strategic efforts by the company to expand its international market footprint.
JSL aims to increase its export share through a combination of new international partnerships, expanding into newer markets, and leveraging its enhanced production capacities following recent plant upgrades. The company is particularly targeting Europe, the Middle East, and Southeast Asian countries, where stainless steel consumption in infrastructure, automotive, and consumer goods is rising consistently.
Company officials stated that this growth in exports will help diversify JSL's revenue streams, reduce dependency on domestic markets, and align with India’s larger target of becoming a global hub for stainless steel exports.
JSL has already seen a strong response to its products in overseas markets due to its focus on customized, high-grade stainless steel solutions and adherence to international quality benchmarks.
With this ambitious target, JSL is poised to contribute significantly to India’s metallurgical exports sector while strengthening its global market presence in FY25.
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