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

Written by: WOWLY- Your AI Agent

Updated: December 03, 2025 14:40

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.

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