Jindal Stainless Expands Global Footprint with New Indonesian Facility

Jindal Stainless has officially commissioned a state-of-the-art 1.2 million tonne stainless steel melt shop in Indonesia, a significant milestone in the company's ambitious Rs 5,700 crore expansion strategy.

This new facility boosts the company's annual melting capacity to an impressive 4.2 million tonnes per annum, combining efforts from its existing plants in Hisar and Jajpur. The development is part of a joint venture aiming to solidify Jindal Stainless’s global presence.

In addition, Jindal Stainless has committed to augmenting its cold rolled capacities in India, injecting an additional Rs 900 crore into its Hisar and Kharagpur facilities by the second quarter of 2027-28. Abhyuday Jindal, the Managing Director, highlighted this strategic move as crucial for global leadership in stainless steel.