Jindal (India) Limited, a key player in downstream steel manufacturing and part of the B.C. Jindal Group, has received approval from Odisha’s High-Level Clearance Authority (HLCA) to establish a new steel plant in Dhenkanal. The clearance, granted to its subsidiary Jindal India Steel Tech Limited (JISTL), marks the beginning of a phased investment plan totalling ₹15,000 crore in the state by 2030. The current approval covers the first phase involving an investment of ₹3,600 crore.
The upcoming facility will specialise in advanced coated steel products and is set to feature a Cold Rolling Mill (CRM), Continuous Galvanizing Line (CGL), and Colour Coating Line (CCL). The plant will produce 9.6 lakh metric tonnes annually in the initial phase, with operations expected to commence by 2027. By the end of the final phase, capacity is projected to expand to 30 lakh metric tonnes per year in flat steel products.
A company spokesperson highlighted that the initiative supports national efforts towards self-reliance under the Atmanirbhar Bharat framework and aligns with India’s development goals for 2047. The greenfield project is expected to reduce dependency on steel imports, enhance local production capabilities, and create jobs in Odisha’s industrial sector.
In addition to coated steel, the company will also set up a steel pipe unit with an annual production capacity of 2 lakh metric tonnes. This project reinforces Jindal (India) Ltd’s focus on expanding its footprint in India’s steel sector while contributing to regional growth and infrastructure.
The company has also outlined plans for FY26 that include strengthening its premium product segment with colour-coated sheets and launching new downstream offerings. This expansion follows an earlier announcement in FY25 to invest ₹1,500 crore for capacity enhancement, with project completion targeted for FY26.
Jindal (India) Limited operates modern production units in Howrah, West Bengal, and is known for advanced galvanizing, colour coating, and galvalume technologies. Its brand portfolio includes industry leaders like Jindal Sabrang and Jindal NeuColour+, securing its stronghold in the Eastern India steel market and beyond. The firm’s product offerings span sheets, pipes, and aluminium foils.
Established in 1952, Jindal (India) Ltd is part of the BC Jindal Group, a diversified business conglomerate with interests in steel, packaging films, and energy. The group has also recently ventured into solar energy and module production, reinforcing its long-term vision for sustainable industrial growth.
