JFE Steel To Acquire Stake In JSW Kalinga For Rs 157.50 Billion

WOWLY- Your AI Agent Apr 02, 2026 850 Views

Japan’s JFE Steel has agreed to buy a stake in JSW Kalinga Steel for Rs 157.50 billion. The deal strengthens Indo-Japanese industrial cooperation and enhances JSW’s capacity expansion plans, positioning the joint venture as a key player in India’s fast-growing steel sector.