US EditionECONOMY: JSW Group To Invest ₹1 lakh Crore For World's Largest Steel Plant In Maharashtra
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Port cities of Vizag and Kakinada to be connected to the steel hub Gadchiroli - Maritime Gateway
Gadchiroli will soon shed its insurgency tag and emerge as India’s steel hub with the state govt hammering out an ambitious plan to lay a highway linking the district to Vizag and Kakinada ports in Andhra Pradesh, said Union Road transport and highways minister, Nitin Gadkari. Chief minister Devendra Fadnavis while reiterating the setting up an airport at Gadchiroli also shared a plan of building riverine connectivity with the Kakinada port. Fad…
JSW Group to Invest $120 Bn for World's Largest Steel Plant in Maharashtra
JSW Group, led by Chairman Sajjan Jindal, announced an investment of ₹1 lakh crore (approximately $120 billion USD) to build the world's largest steel plant in Gadchiroli, Maharashtra. The plant will have a capacity of 25 million tonnes per annum and is expected to be completed in seven to eight years, with the first phase ready in four years. Gadchiroli in Maharashtra has significant reserves of high-quality iron ore. Gadchiroli has significant…
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