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JSW Steel and Japan’s JFE Steel have announced a joint investment of $669 million (approximately ₹5,845 crore) to scale up production of cold-rolled grain-oriented (CRGO) electrical steel in India. This investment will increase their combined CRGO output capacity to 3.5 lakh tonnes per annum, spread across two advanced manufacturing facilities.
CRGO steel is essential for high-efficiency transformers used in the power sector. India currently relies heavily on imports to meet demand for this specialized material. By expanding local production, the JSW-JFE partnership supports the government’s Make in India initiative and aims to boost domestic self-reliance in core industrial segments.
This move builds on a 2023 joint venture between JSW and JFE to manufacture CRGO steel in India. The new investment will accelerate infrastructure development, with commercial production targeted for FY 2027.
The expanded capacity will serve both domestic and international markets, catering to the fast-growing energy, transmission, and industrial equipment sectors. It also marks a significant step in strengthening Indo-Japanese collaboration in high-tech steel manufacturing.
By focusing on advanced materials and localized production, this strategic initiative positions India as a key player in the global electrical steel supply chain while supporting the country’s energy infrastructure growth.
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