JSW Group to set up Rs 150 cr steel unit in J-K

JSW Group on Monday said it will invest Rs 150 crore to set up a 1.2 lakh metric tonne colour coated steel manufacturing facility in Jammu and Kashmir.

The plant will be set up by group company JSW Steel, JSW Group said in a statement.

JSW has committed to setting up a state of the art colour coated steel manufacturing facility of capacity 1,20,000 metric tons per annum along with special lines it said.

Steel sandwich panels and steel doors will be manufactured at the unit for the local market in Jammu and Kashmir, the statement said.

Home Minister Amit Shah on Monday presented land location papers to Sajjan Jindal, CMD, JSW Group.

This facility will be set up with an investment of around Rs 150 crore at Lassipora, Pulwama in Kashmir.

Jindal said, This facility shall provide immense benefits to local businesses and society in a meaningful way and provide employment opportunities to the local youth.

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