The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
jsw steel and posco to invest 7.7 billion in odisha steel plant
JSW Steel and South Korea's POSCO are set to invest Rs 65,000 crore ($7.7 billion) in a new integrated steel plant in Odisha, India, to meet rising steel demand. The initial capacity will be 5 million metric tons per year, with plans to expand to 18 million metric tons within three years. The initial investment of Rs 20,000 crore is expected to establish the plant by next year.