Jindal Stainless has unveiled its new stainless steel fabrication unit at Washivali, marking a key milestone in the company’s expansion plans. The unit, built with an initial investment of approximately ₹1.25 billion, reflects the company’s commitment to strengthening its manufacturing footprint.
Unit Capacity and Phase Details
The fabrication unit is expected to reach an annual capacity of 18,000 tonnes by the fiscal year 2026-27 as part of phase one operations.
This launch will enhance Jindal Stainless’ ability to cater to diverse sectors such as infrastructure, automotive, and defense with superior quality stainless steel products.
Strategic Growth Outlook
The establishment of this unit aligns with Jindal Stainless’ broader vision to expand capacity and meet rising domestic and global demand. It supports employment generation and contributes to India’s push towards self-reliance in steel manufacturing.
Source: Jindal Stainless Official Release, NSE Archive