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In 2020, JSW's purchase of Bhushan Power faced legal challenges, but the group pressed on, acquiring stakes and expanding its presence. [ 15 ] On 2 May 2019, JSW Group established JSW Paints with a total investment of ₹ 600 crore (US$69 million), with ₹ 250 crore of equity investment and a ₹350 crore debt investment from Axis Bank.
On 11 February 2007, the company entered into an agreement to acquire the American company Novelis for US$ 6 billion, making the combined entity the world's largest rolled-aluminium producer. [11] [better source needed] At 2007 Novelis was the world's largest producer of rolled aluminium and a major recycler of aluminium cans. [8]
In 1970, O.P. Jindal founded a mini steel plant named Jindal Strips Limited at Hisar. [10] [8] [4] It started manufacturing hot rolled carbon steel coils, plates, slabs and blooms. It was the beginning of the story for Jindal Stainless. Over the years, the company expanded its capacity at Hisar. In 2002, Jindal Strips was restructured as Jindal ...
Jindal Institute of Power Technology (JIPT) JIPT was established to develop a pool of technically trained power plant professionals for power utilities in India and abroad. The course authorizes the pass-outs to operate or undertake maintenance of any part or whole of generating stations of capacity 100 MW & above together with the associated ...
Any by 2020, it sold of 39 percent stake which it held in JV to Georgian Steel Group Holdings Limited. [31] In 2009, Japan's JFE Steel, entered into a strategic partnership with JSW Steel to produce automotive steel products. [32] In 2014, it acquired Welspun Maxsteel Limited in a deal valued at around INR 1,000 Crores. [33] [34]
Sajjan Jindal (born 5 December 1959) is an Indian billionaire businessman. He is the chairman and managing director of JSW Group of companies; diversified in steel, mining, energy, sports, infrastructure and, software business.
Cross-section of 80/20 T-slotted profiles, 10 and 15 series A bicycle trailer for bike-trekking with three Euroboxes and aluminium profile framing. T-slot structural framing is a framing system consisting of lengths of square or rectangular extruded aluminium, typically 6105-T5 aluminium alloy, with a T-slot down the centerline of one or more ...
Top steel producing companies. This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association.The list ranks steelmakers by volume of steel production in millions of tons over time and includes all steelmakers with production over 10 million in 2021.