19/3/2024, 6:17:02 pm

JSW Steel, Tata Steel, JSPL to invest billions to meet buoyant local demand

Leading Indian steel producers, including JSW Steel Ltd and Tata Steel Ltd, are expected to invest billions in a record capacity increase to benefit from rising domestic demand in one of the world’s fastest growing economies. A spurt in economic activity and a revamp of broader infrastructure have drawn steel makers from around the world to India, where demand is rising.