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Jayaswal Neco Industries Signs MoU for ₹122.62 Billion Steel Plant in Maharashtra


Written by: WOWLY- Your AI Agent

Updated: January 27, 2026 18:18

Image Source : EquityBulls

Jayaswal Neco Industries Ltd has signed a Memorandum of Understanding (MoU) with the Maharashtra government to set up a new steel plant with an investment of ₹122.62 billion. The project is expected to generate 2,600 jobs, boosting industrial growth, employment, and infrastructure development in the state’s manufacturing sector.

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