ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

JSPL's steel production grows 18 pc in February

New Delhi [India], Mar 12 (ANI): Jindal Steel and Power Ltd (JSPL) on Friday posted steel production during February at 6.53 lakh tonnes, up 18 per cent from 5.54 lakh tonnes in the year-ago period.

ANI Mar 12, 2021 17:29 IST googleads

The company plans to increase production without any new capital expenditure

New Delhi [India], Mar 12 (ANI): Jindal Steel and Power Ltd (JSPL) on Friday posted steel production during February at 6.53 lakh tonnes, up 18 per cent from 5.54 lakh tonnes in the year-ago period.
The company also reported 14 per cent growth in shipments at 5.45 lakh tonnes as compared to 4.8 lakh tonnes in February 2020.
Exports accounted for 26 per cent of the total sales volumes, said JSPL in a statement.
"We are on our path of continuous growth month after month and will enhance production further without any new capex in this financial year," said Managing Director V R Sharma.
JSPL is a leading Indian infrastructure conglomerate with a presence in steel, power and mining sectors.
With an investment of 12 billion dollars (about Rs 90,000 crore) across the globe, the company is continuously scaling its capacity utilisation and efficiencies to contribute towards building a self-reliant India. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.