Jindal India has launched a new steel plant in West Bengal worth $169 million

Jindal India Limited (JIL), a manufacturer of pipes and cold-rolled steel, has commissioned a new steel plant in West Bengal. Investments in the project amounted to approximately 15 billion Indian rupees ($169 million), according to Kallanish.

The new facility has added 0.6 million tons per year of capacity, increasing JIL’s total production by approximately 60% – from 1 million tons per year to 1.6 million tons per year. The company notes that this will significantly increase the output of coated products, pipe products, and road barriers. In particular, production capacity for coated flat products will increase by 60%, pipe products by 40%, and safety barriers by 75%.

The launch of the new plant is expected to contribute to a significant increase in the company’s revenues in the coming years. The expansion is driven by the need to meet the demand for steel from the construction and infrastructure sectors, which continues to grow rapidly in India.

The development in West Bengal is happening in parallel with other large-scale projects of the company. In July, JIL received permission from the Odisha state government to build a new steel plant worth 36 billion rupees ($420.2 million) in the Dhenkanal district. This will be the first phase of a large-scale investment program worth 150 billion rupees, which the company plans to implement in three phases by 2030. In the first phase, the flat steel production capacity will be 960,000 tons per year, with launch scheduled for 2027.

JIL is part of the BC Jindal Group, which has an annual turnover of $2.5 billion. The company specializes in the production of steel pipes, pipelines, colored and galvanized rolled products, cold-rolled coils, and products for the oil and gas industry. JIL currently has two plants in Jhangalpur and Ranikhat (Haura district, West Bengal). The new facility in the region significantly strengthens the company’s production base and opens up prospects for further growth.

Jindal Steel Duqm, a subsidiary of Jindal Steel Group, has ordered a second hydrogen-ready direct reduction plant from Danieli for the production of hot briquetted iron (HBI). The equipment will be installed in Duqm (Oman), where the first Energiron DRI plant is already under construction and is scheduled to be commissioned in 2026.