Jindal Stainless to invest Rs 4.5 billion in Hisar
Indian steel producer
Jindal Stainless is planning to invest Rupees 4.5 billion ($99.7 million) in its plant in Hisar within 2-3 years.
The investment will be made to increase capacity of value-added products and
slab casting facility.
In line with the capacity expansion plan, the
stainless steel capacity at Hisar will be 600'000 tons of melting, 750'000 tons of hot rolled and 250'000 tons of cold rolled products.